Indian equity markets fell sharply on Monday, with the BSE Sensex dropping 582 points and the NSE Nifty sliding 180 points, or 0.74%, to close at 23,997.55, slipping below the psychologically significant 24,000 mark. Rising crude oil prices weighed on investor sentiment across the session. India imports over 80% of its crude oil needs, making equity markets sensitive to global oil price moves. Higher crude raises costs for fuel, transport, and manufacturing, which can squeeze corporate margins and stoke inflation, both negatives for stocks. When oil prices climb, investors typically worry about wider trade deficits, a weaker rupee, and tighter household spending, a chain that can drag earnings estimates lower across energy-intensive sectors. The Nifty's close below 24,000 is a level traders watch closely, as a sustained break can trigger further selling. Whether crude prices stabilise or push higher will likely set the tone for markets in the near term.
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.
