Indian shares may witness a sharp sell-off on Monday as investors brace for a potentially prolonged standoff in the Middle East and a global energy crisis.
With the Strait of Hormuz effectively shut and Iranian strikes spreading across the Gulf, oil prices surged above $100 a barrel for the first time since 2022.
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Market Analysis
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.