GIFT Nifty climbed above the 24,000 level as Asian markets reached a six-week peak, signaling positive opening momentum for Indian equities. The move in GIFT Nifty, which serves as a real-time pre-market indicator for the Nifty 50, suggests domestic indices are positioned for a gap-up start. Asian benchmark strength provides the regional tailwind driving the sentiment. Broad risk-on positioning across the region appears to be lifting futures simultaneously, though the specific catalysts driving the Asian rally are not detailed in available reporting. Traders will watch whether cash-market volumes sustain the early optimism once Indian exchanges open, and whether the Nifty 50 can hold above key technical levels through the session. Foreign institutional flow data and any intraday sector rotation will be the clearest signals of whether the opening gap holds or fades.
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.
