Indian shares tumbled in early trade on Wednesday, with IT stocks coming under heavy selling pressure after the U.S.-listed shares of both Infosys and Wipro declined between 2.5 percent and 8 percent during the overnight trading session on Wall Street.
Traders also assessed mixed signals over the status of U.S.-Iran peace talks and awaited upcoming RBI rate decision on Friday, along with its communication on the rupee for directional cues.
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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.