Indian shares were seeing modest gains in cautious trade on Thursday as oil prices paused their rapid climb following reports that Iranian intelligence has quietly conveyed to the United States that Tehran may be open to discussions on ending the war.
The benchmark BSE Sensex was up 332 points, or 0.4 percent, at 79,448 in early trade while the broader NSE Nifty index edged up by 111 points, or half a percent, to 24,592.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.