India's benchmark indices opened mixed on Thursday morning, with the Nifty 50 slipping 46.85 points (0.19%) to 24,149.90 by 9:16 am while the Sensex moved in the opposite direction, gaining 139.67 points (0.18%) to 78,128.35. The divergence points to selective profit booking concentrated in specific heavyweight sectors rather than broad market selling. IT stocks weighed on the Nifty, dragging the index lower as investors locked in recent gains in the technology space. Defence and metals counters provided a partial offset, holding firm and limiting the downside in broader market sentiment. The split between the two indices reflects compositional differences, with Sensex's constituent mix absorbing the IT drag more favourably. Traders will watch whether IT selling deepens through the session or stabilises, and whether defence and metals can sustain their bid given global commodity and spending cues. The early divergence suggests a market rotating within sectors rather than retreating outright.
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.
