Strong GIFT Nifty futures, steady Asian markets and the overnight positive close on Wall Street indicate a firm start for Indian shares on Wednesday.
Oil prices drifted lower amid hopes of a U.S.-Iran peace deal following U.S. President Donald Trump's announcement that his latest effort to partially reopen the Strait of Hormuz would be paused,
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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.