Indian equity markets are set for a cautiously positive open, with Gift Nifty signaling an upward start for the Sensex and Nifty 50. HDFC and ICICI Bank are in focus, suggesting that large-cap financial stocks will drive early session direction. The domestic setup contrasts with a mixed broader environment across Asian markets. US stock futures declined as uncertainty around US-Iran peace talks added geopolitical pressure to global sentiment. The tension between diplomatic progress and renewed friction in US-Iran negotiations is feeding risk aversion in US futures, with a direct knock-on effect on Asian market momentum. Traders will watch whether domestic institutional buying in banking heavyweights like HDFC and ICICI can insulate the Nifty 50 from external headwinds. The interplay between global risk-off signals and a Gift Nifty positive read will likely define intraday volatility. Any escalation in US-Iran talks or a shift in US futures trajectory before the Indian open could quickly reprice the early positive bias.
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.
