Indian shares ended lower on Tuesday as a stronger dollar and elevated oil prices fueled concerns about inflation and the outlook for interest rates and foreign fund inflows.
The Indian rupee neared a one-month low versus the dollar and Brent crude prices consolidated above $111 a barrel after reports emerged that U.S. President Donald Trump is not satisfied with the Iranian proposal to reopen the Strait of Hormuz and end the two-month war in exchange for delaying nuclear talks.
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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.