Indian shares ended a choppy session slightly lower on Friday as an AI-driven rally that boosted stocks earlier in the week fizzled out, Middle East tensions lingered, and the Reserve Bank of India (RBI) reduced its GDP forecast for FY27 after holding its policy rate steady.
Disappointing Broadcom results pressured tech stocks globally, keeping investors nervous.
On the geopolitical front, the U.S.-Iran-Israel conflict remained unresolved, despite the ceasefire and diplomacy.
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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.