Goldman Sachs and Morgan Stanley purchased Delhivery shares worth Rs 186 crore in a secondary market transaction, joined by Edelweiss MF, Nippon India MF, and Viridian Asset Management on the buy side. The block deal signals renewed institutional appetite for one of India's largest listed logistics companies, which has faced margin pressure and a prolonged path to profitability since its 2022 IPO. Secondary block transactions of this scale typically reflect a seller seeking liquidity at a negotiated price, with institutional buyers absorbing the overhang rather than the stock being exposed to open-market selling pressure. For Delhivery, sustained institutional accumulation matters as the company navigates competitive freight and express logistics markets while working toward consistent positive EBITDA. Watching whether these positions grow, hold, or rotate in subsequent quarters will signal how global and domestic funds are pricing the company's profitability timeline.
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.
