GIFT Nifty up 40 points; here's the trading setup for today's session

Indian stock markets closed slightly down on Friday. This happened because of worries in global markets and weakness across different sectors. Analysts predict a positive trend for June. This optimism stems from strong GDP numbers, hopes for rate cuts by RBI, and consistent investments. FIIs sold shares, while DIIs were net buyers. The rupee weakened against the US dollar.