11:11 | Crude dips on Israel-Lebanon truce, House rebukes Trump on Iran war, monsoon nears Kerala

Good morning!

A renewed ceasefire between Israel and Lebanon has helped cool crude oil prices, offering some relief to global markets after months of conflict-driven volatility. In Washington, the US House delivered a rare rebuke to President Donald Trump by approving a resolution aimed at halting military action against Iran.

Closer home, all eyes are on the southwest monsoon's imminent arrival in Kerala, while investors track movements in gold, the rupee, key stocks such as Trent and the latest policy

updates from SEBI and the Maharashtra government.

The Day Ahead

Computex 2026 Day 3: Get a glimpse of what some of the biggest names in AI, semiconductors and data infrastructure are thinking as Computex 2026 enters its third day. Industry leaders from Nvidia, Google DeepMind, Synopsys, Infineon, Western Digital and Texas Instruments are set to discuss the next phase of AI, from universal AI assistants and agentic chip design to AI factories, data-centre power systems and storage at scale.

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Gold, silver trade higher on easing oil, shifting safe-haven demand

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The Indian rupee opened marginally higher by 1 paise at Rs 95.70 against the US dollar on Thursday (June 4), compared with its previous close of Rs 95.71, even as persistent foreign fund outflows, elevated crude oil prices and geopolitical tensions in the West Asia kept pressure on the currency.

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Trent shares fall after stock trades adjusted for 1:2 bonus issue - All you need to know

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Indian IT stocks show some resilience despite overnight selling in Infosys, Wipro

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Maharashtra govt to roll out quantum and deep-tech policies; cabinet to give nod soon: Devendra Fadnavis

Maharashtra is set to become the first state in the country to implement a comprehensive policy framework for the entire deep-tech ecosystem, with the government approving draft quantum and deep-tech policies, Chief Minister Devendra Fadnavis said on Wednesday.

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Monsoon to enter Kerala within hours: IMD issues orange alert, warns of flooding, landslides

Even as Kerala awaits the formal onset of the southwest monsoon, the India Meteorological Department (IMD) has forecast heavy to very heavy rainfall across the state over the next several days and warned of possible flooding, waterlogging and landslides. The IMD has issued an orange alert for Alappuzha, Kottayam and Ernakulam districts.

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From investor onboarding to overseas investments: SEBI updates AIF rulebook

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Stocks to Buy: Citi bets on three power equipment companies for 32% upside

Brokerage firm Citi has initiated coverage on four power electrical equipment stocks in its latest note on Thursday, June 4, of which, it has a "buy" recommendation on three of them and a "neutral" rating on one.

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