CNBC's Jim Cramer publicly endorsed IBM as a buy, calling the stock 'terrific' at its current price level. The comment adds retail and media-driven attention to IBM at a moment when the company has been repositioning around hybrid cloud and AI infrastructure. Cramer's market commentary carries measurable influence over retail investor sentiment, and public buy calls on large-cap technology names can generate short-term volume and price movement. IBM trades on the NYSE and is a component of the Dow Jones Industrial Average, giving any sentiment shift broader index visibility. Investors tracking the name will watch for whether the endorsement coincides with any fundamental catalyst, earnings, contract wins, or updated guidance, that could sustain momentum beyond the initial attention. Without an accompanying operational trigger, media-driven moves in large-cap equities tend to be short-lived. IBM's valuation relative to peers in enterprise AI and cloud infrastructure remains the more durable variable to monitor.
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.
