Exit polls are pointing to a BJP edge in West Bengal and Assam, setting up markets for a politically charged trading session. Investors will be watching closely as results filter in, though the direct market impact of state elections tends to be narrower than general elections. State-level wins can shift regional policy priorities and sentiment around sectors tied to government spending, land, and infrastructure. However, broader market direction is unlikely to swing on these results alone. Macro factors, corporate earnings, inflation data, and global cues, carry more weight for index-level moves. What traders are more likely to see is selective stock movement: companies with heavy exposure to West Bengal or Assam, or sectors sensitive to the ruling party's policy preferences, could see short-term price action. A BJP win in both states could lift sentiment in infrastructure, power, and real estate names linked to those regions. The wider indices are expected to stay anchored to fundamentals rather than election noise.
Indian startups raised $5.2 billion across 501 deals in H1 2026, down 9% in value but up 7% in deal count year-on-year, per the Inc42 Indian Tech Startup Funding Report. The drop is driven by fewer mega-rounds, while AI funding surged 317% and growth-stage deal activity hit a multi-year high.
The BSE Sensex fell 893 points and the Nifty 50 shed 279 points on June 30, 2026, wiping out roughly Rs 6 lakh crore in investor wealth in a single session. Both indices dropped 1.16%, closing at 76,200.68 and 23,824.10 respectively.
Kotak Mahindra Bank shares fell nearly 3% to Rs 397.6 after CEO Ashok Vaswani announced plans to exit the bank. Investor concern now centres on succession timing and whether the bank's ongoing digital and deposit-growth strategy will stay on track.
South Korea's Kospi dropped 3% at Monday's open while Japan's Nikkei fell 1%, as escalating US-Iran conflict triggered a broad risk-off move across Asian markets. South Korea's heavy reliance on Middle East oil imports makes it especially vulnerable to geopolitical shocks of this kind.
