Indian shares were modestly higher in early trade on Friday despite mixed signals from ongoing negotiations between the U.S. and Iran as well as uncertainty over the reopening of the Strait of Hormuz.
The benchmark BSE Sensex was up 191 points, or 0.3 percent, at 74.551 ahead of the Reserve Bank of India's monetary policy review later today, with markets expecting measures to boost inflows and support the local currency.
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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.