Indian shares were slightly higher in early trade on Friday after reports suggested that the U.S. and Iran have reached a temporary agreement to extend their ceasefire by 60 days, resume unrestricted shipments through the Strait of Hormuz and begin negotiations over Tehran's nuclear program.
The benchmark BSE Sensex was up 150 points, or 0.20 percent, at 76,019 while the broader NSE Nifty index edged up by 35 points, or 0.2 percent, to 23,942.
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Market Analysis
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.