Indian shares look set to open on a subdued note Tuesday amid much uncertainty over the status of global trade deals.
Media reports suggest that U.S. President Donald Trump's proposed tariffs would be imposed under Section 232 of the Trade Expansion Act of 1962, separate from the recently announced 15 percent global tariff.
With Trump launching a fresh attack on the Supreme Court ruling and using alternative legal statutes to maintain tariffs, market participants lack clarity about how global trade will look.
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Market Analysis
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.