<ul data-eligibleForWebStory="true"><li>India's trade deficit narrowed more than expected in May as imports fell, offering relief to macro watchers. Wholesale inflation cooled to a 14-month low with food prices easing notably.</li><li>Passenger vehicle sales slipped slightly in May, while Vishal Mega Mart and Sai Life Sciences shares are set to exit lock-in periods.</li><li>Despite Middle East tensions, markets ended higher, and SBI cut savings deposit rates to a record low of 2.5%.</li><li>Key headlines include the trade deficit narrowing to $21.88 billion in May, wholesale inflation easing to 0.39% in May, and the recovery of the Cockpit Voice Recorder from the Air India crash.</li><li>Additionally, passenger vehicle sales dipped 0.8% in May, SBI slashed its savings account rate to 2.5%, and shares worth Rs 39,000 crore are set to exit lock-in periods.</li><li>US President Donald Trump mentioned Israel and Iran may need to 'fight it out' before reaching a peace deal, while markets closed higher with Brent crude ending lower after early spikes.</li></ul>

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