Indian shares are seen opening little changed on Thursday after reports emerged that the sixth round of talks over an India-United States trade agreement will take place shortly.
Union Commerce and Industry Minister Piyush Goyal has said India is in active dialogue with the United States for a free trade agreement and that negotiations with the European Union and New Zealand are also underway.
However, analysts say that India will stick to its red lines - including a refusal to slash import duties on agricultural and dairy products and an assertion of its sovereign right to decide purchases of commodities, especially crude petroleum.
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Market Analysis
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.