Indian shares rose modestly on Friday, as investors hunted for bargains following the previous session's plunge. Asian and European markets traded mixed, dampening investor sentiment to some extent.
Failing to maintain an initial surge, the benchmark BSE Sensex swung between gains and losses before ending up 30 points or 0.15 percent at 19.704. Similarly, after seeing bouts of volatility, the broader Nifty index ended up 17 points or 0.28 percent at 5,984.
Consumer durable, metal, capital goods and banking stocks led the gainers, while healthcare and IT stocks were subdued. The Indian rupee was trading marginally higher, tracking positive equities and as the Reserve Bank of India said it plans to ease hedging norms for exporters and importers.
Elsewhere, other Asian markets traded mixed, with extreme volatility in Japanese shares keeping investors nervous. Japan's Nikkei index swung over 1,000 points for a second day in a row before ending notably higher on optimism over earnings growth and the economy. European stocks were higher before the release of US durable goods orders data due out later in the session.
For comments and feedback contact: editorial@rttnews.com
Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.