Quantum Computing Inc. (QUBT) surged 15.9% after Nvidia unveiled a new quantum system solution, triggering a broad rally in quantum-linked equities. The announcement positioned Nvidia as a hardware bridge between classical and quantum computing architectures, lending credibility to the sector and drawing investor attention to smaller pure-play quantum names. QUBT, as a thinly traded quantum-focused company, amplified the move as capital rotated into the space on the back of Nvidia's brand authority. The practical mechanism here is reflexive: Nvidia's entry signals commercial readiness to institutional allocators, compressing the perceived timeline for quantum utility. Investors will watch whether Nvidia provides further technical specifications on the system, which would either sustain the rally or expose the initial reaction as premature enthusiasm. Sector-wide volatility is likely to persist as the market prices in competing narratives around quantum's commercial timeline.
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.
