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.
A bout of portfolio outflows and optimism surrounding a potential U.S.-India trade deal may also offer some support ahead of key fiscal deficit, industrial output and July-September GDP growth data due this week.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.