Indian shares look set to open lower on Thursday as the prospect of a quick end to the war in West Asia thinned and trade tensions resurfaced.
The Trump administration has launched a Section 301 probe targeting excess manufacturing capacity in 16 major trading partners, a move aimed at rebuilding tariff pressure after the Supreme Court struck down a key tariff policy.
The investigation could lead to new tariffs against countries including China, the European Union, India, Japan, South Korea and Mexico.
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Business News
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.