Markets surged as U.S. payrolls beat expectations and unemployment dipped to 4.1%. Bond yields rose while networking stocks hit record highs.

Most sectors on the NSE declined, with Nifty Defence falling the most. FMCG stocks were up, driven by Hindustan Unilever.

After handing out vouchers aggressively, China's largest food-delivery platform, Meituan, said order volumes exceeded the company's historical peak and crashed the system temporarily around 6 p.m. on ...