Market

A mix of higher interest-rate fears, elevated oil prices, geopolitical tensions and profit-booking after a strong rally is weighing on global markets. Source link

The US labour market is back on its feet, strong employment data showed Friday, stoking concerns of another inflation sting and bolstering arguments from some Federal Reserve officials that they may need to raise interest rates later this year. For newly installed Fed Chairman Kevin Warsh, the changing outlook is an early test of his…

Mahindra and Mahindra Ltd.‘s strong growth outlook is intact and its shares can rise over 50%, as per brokerage firm Nomura. The brokerage has a “buy” rating on the M&M stock with a price target of ₹4,580 per share, an upside of 52% from its previous closing price. Nomura said the company’s capacity and model…

Gold fell the most in more than two months as robust US jobs data fueled bets that the Federal Reserve will likely raise interest rates this year, a headwind for the precious metal. Bullion declined as much as 3.4% as bond yields and the dollar climbed after the latest US data showed job growth topped…

Currencies in the developing world sank after a blowout US jobs report provided the clearest sign yet that the labour market is breaking out of a prolonged period of lackluster hiring, undercutting the case for rate cuts from the Federal Reserve. MSCI’s emerging-market currency index hit a day’s low following the report, and dropped to…

Bitcoin extended its decline, falling below the $61,000 mark as the cryptocurrency continued its sharp correction over the past 10 days. Bitcoin was trading at $60,841, down $2,974 or 4.66% in the latest session. The world’s largest cryptocurrency has dropped nearly $18,000 in just 10 days, reflecting sustained selling pressure. The fall marks a steep…

Adani Ports and Special Economic Zone Limited on Friday (June 5) said its step-down subsidiary, The Adani Harbour International FZCO, has incorporated a wholly-owned subsidiary named Harbour International Shipping FZCO in the UAE. The company said Harbour International Shipping FZCO was incorporated on June 5, 2026. According to the filing, the newly-incorporated entity will undertake…

Travel booking platform ixigo (Le Travenues Technology Ltd) on Friday (June 5) said its board has approved the acquisition of a 54.66% stake in Brevistay Hospitality Private Limited for ₹65.69 crore through a mix of secondary and primary share purchases. Following completion of the transaction and fulfilment of conditions under definitive agreements, Brevistay will become…

Alphabet, NVIDIA, Microsoft and Apple each earn more than India’s Nifty50, with Alphabet and NVIDIA profits nearing Nifty500, and their market values rival India’s entire equity market By Yoosef K   June 5, 2026, 9:30:41 PM IST (Updated) The widening scale gap between global technology giants and India Inc. is becoming increasingly apparent. The disparity becomes…

Block deals were reported in Adani Enterprises Limited and Adani Energy Solutions Limited on Friday (June 5), with SBI Mutual Fund buying stakes while GQG Partners sold holdings in both companies. In Adani Enterprises Limited, GQG Partners sold 1.64 crore shares, representing a 1.3% stake, for ₹4,760 crore. SBI Mutual Fund bought those 1.64 crore…