Indian shares are seen opening on a sluggish note Thursday as Iran jitters persist and a broader rally in global chipmaking stocks ran out of steam.
Iran said communication channels with Washington remain open but there has been "no tangible progress" to end the war.
In contrast, U.S. President Donald Trump said progress in talks with Iran could come within days, with possible movement as early as the weekend.
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Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.