Indian shares may open on a positive note Monday, tracking firm cues from other Asian markets amid optimism for Federal Reserve rate cuts and reports of potential Nvidia AI chip sales to China.
Meanwhile, top U.S. and Ukrainian officials said Sunday they'd made progress toward ending the Russia-Ukraine war but provided scant details.
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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.