Prateek Agrawal has issued a buy call on Indian equities following a recent market decline, framing the pullback as a potential entry point rather than a signal of structural deterioration. The call comes amid broader selling pressure that has weighed on Indian benchmarks, with Agrawal positioning the dip as a valuation reset rather than a fundamental breakdown. His thesis rests on the view that the underlying earnings trajectory and macroeconomic conditions remain intact despite the price correction. For investors, the practical question is whether current levels offer a durable margin of safety or whether additional downside risk persists before a recovery takes hold. The key variables to monitor include the depth and duration of the global risk-off environment, domestic institutional buying flows, and whether corporate earnings guidance holds through the next reporting cycle. Any reversal in foreign institutional outflows would likely serve as the clearest confirming signal for Agrawal's buy thesis.
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.
