Natural gas prices are seeing a technical bounce as short covering emerges from oversold conditions, according to the available signal. When a futures market becomes technically oversold, traders who hold short positions, bets that prices will fall, often close those positions to lock in gains or limit risk, creating upward price pressure even without a fundamental shift in supply or demand. This mechanism, known as short covering, can produce sharp but short-lived rallies that may not reflect underlying market sentiment. The move does not appear tied to a change in storage levels, weather forecasts, or production data based on the information provided. Traders and energy market participants will be watching whether the bounce attracts fresh buyers to sustain momentum or fades as technical conditions normalize. A failure to hold gains could signal that bearish fundamentals remain intact, while a sustained recovery would require confirming demand signals or supply disruptions to follow through.
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.
