Indian shares are seen opening flat to slightly higher on Thursday after the United States made significant revisions to its factsheet regarding the recently announced trade deal with India.
The updated document omitted any mention of pulses, removed text related to India's digital services tax and modified the language surrounding India's commitment to purchasing $500 billion worth of American goods, underlining the position stated by the govt during its media interactions.
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Market Analysis
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.