Indian shares tumbled on Friday as traders returned to their desks after a public holiday on Thursday for Ram Navami.
Mixed signals from the United States on its war against Iran kept investors on edge after Tehran rejected a 15-point U.S. ceasefire proposal and reiterated its own conditions such as halting attacks on Iranian officials, guarantees against future assaults, reparations, cessation of hostilities, and sovereignty over the Strait for ending the war.
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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.