RailTel shares surged 13.15% to ₹321.77 on the NSE by mid-morning trading, up ₹37.39 from a previous close of ₹284.38, after the company secured tunnel communication orders worth ₹564 crore. The move represents a sharp single-session re-rating driven by order flow visibility rather than earnings revision. Tunnel communication contracts typically cover critical rail infrastructure connectivity, a segment with limited competition and long execution cycles, which supports revenue backlog durability. Investors will watch for further order announcements, execution timelines, and whether the margin profile on these contracts supports earnings upgrades at the analyst level.
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.