Indian shares traded higher on Friday despite mixed cues from global markets as resilient labor market data from the U.S. dampened expectations of multiple interest rate cuts by the Federal Reserve this year.
The benchmark S&P BSE Sensex rose 269 points, or 0.4 percent, to 72.118 in early trade, while the broader NSE Nifty index was up 83 points, or 0.4 percent, at 21,741.
Hero MotoCorp, Adani Ports, LTIMindTree, Wipro and SBI Life all were up around 2 percent.
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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.