Indian shares may drift lower at open on Tuesday as investors monitor dollar and crude oil price movements for fresh direction. The latest batch of quarterly earnings from domestic companies may also remain in focus.
Brent crude futures remain elevated above $105 a barrel, after rising nearly 3 percent in the previous session as comments from U.S. President Donald Trump raised fresh doubts over the U.S-Iran ceasefire.
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Market Analysis
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.