Jim Cramer expressed confidence in GE Vernova (GEV) on a recent broadcast, stating he is 'comfortable with the numbers and the timeframe', a broadly constructive signal for a stock that sits at the intersection of energy infrastructure and AI-driven power demand. GE Vernova, spun off from General Electric, focuses on power generation, grid electrification, and wind energy, sectors attracting heightened institutional attention as data center buildouts strain U.S. grid capacity. Cramer's endorsement, while not a fundamental catalyst on its own, reflects a broader sentiment shift toward energy infrastructure plays as utilities and hyperscalers compete for reliable generation capacity. Investors tracking GEV should watch actual earnings delivery against guidance, order book growth in gas turbines and grid equipment, and any updates to capital deployment timelines, those metrics will determine whether the market's current comfort translates into sustained multiple expansion.
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.
