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- Bitcoin drops below $60,000, its lowest level since October 2024: Here's why
The largest cryptocurrency, Bitcoin, fell below $60,000 on Friday (local time), reporting its lowest level since October 2024, just before US President Donald Trump's election, which pushed it to a record high.
- Gold, silver rates today: Comex gold tumbles $136/oz; silver sinks $5 as strong US jobs report boosts rate hike bets
Precious metals faced selling pressure on 5 June due to a strong US jobs report, potentially prolonging higher interest rates. Gold and silver prices fell sharply, driven by expectations of a rate hike in 2026. International markets mirrored the decline, with gold futures on MCX also plummeting.
- Hexagon Nutrition IPO: Issue received healthy response on Day 01, booked 1.65 times; GMP signals solid listing
Hexagon Nutrition IPO saw strong demand on Day 1, with bids for 3.56 crore shares against 2.16 crore shares offered. NII segment subscribed 2.03 times, retail portion 2.43 times. Company raised ₹41.66 crore from anchor investors. IPO price band set at ₹42-45 per share.
- Pulse of the Street: Markets slip as oil, monsoon worries, RBI's cautious tone weigh
Friday’s session captured the nervous mood on Dalal Street: the market opened on a hopeful note, but ended weaker as investors grew cautious amid rising external risks.
- CMR Green Technologies IPO: Issue booked 127 times on Day 03; NII, QIB portions see huge demand, GMP signals 40% premium
CMR Green Technologies IPO oversubscribed 100 times, attracting strong investor demand across all categories. The IPO, valued at ₹630.88 crore, is entirely an offer for sale with no fresh issue component.