Indian shares are expected to open higher after GDP data showed a growth of 7.8 percent in the first quarter. Prime Minister Modi’s visit to China emphasized partnership. U.S. tech stocks fell on Friday, and a federal appeals court ruled Trump’s tariffs illegal. The U.S. Commerce Department revoked exemptions for chipmakers Intel, Samsung, and SK Hynix. China’s manufacturing activity shrank for the fifth month. Gold prices held steady, while Brent crude futures declined. U.S. stocks closed lower on Friday due to rising inflation risks. European stocks also fell due to geopolitical tensions and political uncertainty.

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