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Stock Market LIVE: Sensex, Nifty settle flat in pre-open ahead of RBI policy decision
Sensex Today | Stock Market LIVE on Friday, June 6, 2025: Around 8:50 AM, GIFT Nifty futures were trading 9 points lower at 24,853, indicating a flat start for the bourses.
9:05 AM
Stock Market LIVE Updates: Rupee opens lower ahead of RBI policy
Stock Market LIVE Updates: Indian Rupee opened 9 paise lower on Friday, ahead of the monetary policy committee's repo rate decision. Rupee opened at 85.87 per US dollar vs Thursday's close of 85.79/$
8:58 AM
Stock Market LIVE Updates: New to investing? BSE's free Nivesh Mitra app helps you learn without risk
Stock Market LIVE Updates: Thinking about investing in stocks or mutual funds but don't know where to start? You're not alone — and now you don't have to jump in blind.
BSE, India's oldest stock exchange, has launched BSE Nivesh Mitra, a free, easy-to-use learning app for anyone who wants to understand how the markets work — without actually spending real money.
And the best part? It's backed by market regulator Sebi which means it's completely educational, unbiased, and safe. READ MORE
8:54 AM
Stock Market LIVE Updates: Pre-opening view
Stock Market LIVE Updates: Pre-opening view
-- Uncertainty, which has been looming large on the global economic horizon, has spiked with the open spat between President Trump and Elon Musk.
-- This unprecedented clash between two of the world's most powerful and mercurial personalities will have its consequences on the policies of the US administration.
-- Chinese restrictions on exports of rare earth minerals and magnets, in response to the reciprocal tariffs imposed by US, have already started impacting the EV automobile industry.
-- Important US data like US ISM PMI and jobless claims indicate that the US economy is slowing down. US is likely to end 2025 with a GDP growth of mere 1%.
-- US bond yields are likely to fall further which will be positive for EMs, particularly India, whose growth prospects are the brightest.
-- In today's monetary policy the RBI is likely to cut policy rates by 25 bp. This is already factored in by the market. More important will be the RBI commentary on growth and inflation projections for FY26. If the inflation forecast is cut from 4% the market would respond positively.
8:54 AM
Stock Market LIVE Updates: Pre-opening view
Stock Market LIVE Updates: Pre-opening view
-- Uncertainty, which has been looming large on the global economic horizon, has spiked with the open spat between President Trump and Elon Musk.
-- This unprecedented clash between two of the world's most powerful and mercurial personalities will have its consequences on the policies of the US administration.
-- Chinese restrictions on exports of rare earth minerals and magnets, in response to the reciprocal tariffs imposed by US, have already started impacting the EV automobile industry.
-- Important US data like US ISM PMI and jobless claims indicate that the US economy is slowing down. US is likely to end 2025 with a GDP growth of mere 1 per cent.
-- US bond yields are likely to fall further which will be positive for EMs, particularly India, whose growth prospects are the brightest.
-- In today's monetary policy the RBI is likely to cut policy rates by 25 bps. This is already factored in by the market. More important will be the RBI commentary on growth and inflation projections for FY26. If the inflation forecast is cut from 4 per cent the market would respond positively.
8:51 AM
Stock Market LIVE Updates: Cognizant wins two mega deals, eyes return to IT top four by 2027
Stock Market LIVE Updates: Cognizant said on Wednesday it has won two 'mega deals' (worth $500 million at least) so far in its second quarter, taking the total to three in 2025 as it works to once again rank among the top four IT services companies in three years.
The Nasdaq-listed company follows a January to December financial calendar. The two deals won in the second quarter, which ends on June 30, are in the communication, media and technology and health sciences business, said Surya Gummadi, president of Cognizant Americas, at a Bank of America technology conference. READ MORE
8:37 AM
Stock Market LIVE Updates: Views on Gold
Stock Market LIVE Updates: Views on Gold
-- Gold prices have eased from elevated levels following US President Donald Trump's announcement of renewed trade talks with Chinese President Xi Jinping.
--This development has lifted sentiment around risk assets, raising hopes that the ongoing tariff war between the two nations might soon reach a truce — a scenario typically unfavourable for bullion.
-- However, markets are awaiting further clarity on the talks. In the immediate term, attention now shifts to upcoming US Jobs data.
-- A stronger-than-expected reading could put additional pressure on gold prices, while any disappointment is likely to limit the downside, especially with growing expectations of at least two interest rate cuts by the US Federal Reserve in 2025 amid persistently weak economic indicators.
Views by: Aksha Kamboj, vice president, India Bullion and Jewellers Association and executive chairperson, Aspect Global Ventures
8:35 AM
Stock Market LIVE Updates: Wockhardt's novel antibiotic Zaynich eyes $9 billion global market
8:09 AM
Stock Market LIVE Updates: Nifty Bank Strategy: How to use a 'Bull Spread' for June 26 expiry decoded
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US Seeking 'Handshake' On Rare Earths From China, White House Aide Says
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Delhi, Beijing ties eased, India-China-Russia troika could resume: Russia Minister
The stalled work of the Russia-India-China (RIC) troika could be restarted as the tension between New Delhi and Beijing has eased 'significantly', Foreign Minister Sergei Lavrov said on at the 'Forum of the Future-2050' here, the Russian foreign minister also said the resumption of joint work in RIC format could be the first step towards pan-Eurasian processes, including the formation of a multi-polar really hope that we will be able to restore the work of the Russia-India-China trio. We have not met at the level of foreign ministers for the last couple of years, but we are discussing this issue with my Chinese colleague and with the Indian head of the External Affairs department,' Lavrov was quoted as saying by Russia's state-run TASS news agency. 'I really hope that now that the tension has eased, in my opinion, has eased significantly on the border between India and China, and the situation is stabilising, there is a dialogue between New Delhi and Beijing, we will be able to resume the work of this Russia-India-China trio," he the deadly Galwan Valley standoff between the militaries of India and China in 2020, the RIC troika has not been very said that Russia and China can and should play a leading and proactive role in the pan-continental process, including in the formation of a multi-polar architecture, and added that the restoration of the RIC format could act as the first step towards this.'This will also be a very important step forward in the movement of continental processes,' he two-day forum inspired by Russian philosopher Alexander Dugin, often dubbed as President Vladimir Putin's 'guru', has attracted young and SpaceX CEO Elon Musk's father Erol Musk is also attending the forum.
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Unique Wedding Gift: Vietnamese Bride Gets 100 Civet Cats Worth Rs 60 Lakh
A bride in Vietnam received an extraordinary dowry from her parents--100 civet cats valued at approximately $70,000. Notably, these animals are prized for their role in producing Kopi Luwak, one of the world's most expensive coffees. The dowry also included substantial assets, such as 25 gold bars, $20,000 cash, company shares worth 300 million dong, and multiple high-value properties, as per the South China Morning Post. The 22-year-old bride from southwestern Vietnam received the lavish gifts upon her marriage last May. The groom's family reciprocated with a bride price consisting of 10 taels of gold, 200 million dong in cash, and diamond jewellery. In many Asian cultures, dowries are a significant tradition, representing family wealth and parental commitment to supporting their daughter's new life. The bride's father, Hong Chi Tam, explained that his children, all university graduates, have taken over the family business. He gifted his daughter assets that could generate income, giving her the freedom to decide whether to raise the civet cats or sell them, and promising to support her choice. "My daughter is a business school graduate. She is fully capable of managing these assets. No matter the method, it ensures her financial independence," Mr Chi Tam said. About Civet Cats In Vietnam, civet cats are highly valued. A female civet that has given birth can be worth around $700, while a pregnant one can fetch up to $1,050. Their value stems partly from their role in producing Kopi Luwak, one of the world's most expensive coffees. The unique production process involves the animals consuming ripe coffee cherries, and the beans are then collected from their digestive system, cleaned, processed, and roasted. Additionally, civet meat is considered a luxury food in China and Vietnam and has been used in traditional Chinese medicine, further contributing to the animal's value. According to World Animal Protection International, the civet cat trade often involves cruel practices. Wild civets are captured using harmful methods like box traps and snares, then sold to farms where they're kept in tiny cages and subjected to poor living conditions, inadequate food, and stress.
