Indian shares look set to open higher on Tuesday after a rise in global markets led by a rebound in technology shares and easing oil prices.
The upside, however, may remain capped after several U.S. allies, including Germany, Spain, and Italy, have declined President Trump's request to secure the Strait of Hormuz, a vital artery for a fifth of global energy shipments. Meanwhile, Iran said it was ready to take the Middle East war "as far as necessary".
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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.