Gold and silver opened sharply higher on India's Multi Commodity Exchange, with silver gaining Rs 2,200 and gold trading near Rs 1.54 lakh, driven by easing crude oil prices and renewed optimism around U.S.-Iran diplomatic talks. The dual tailwind of falling oil and geopolitical de-escalation lifted broader risk sentiment, pulling commodity traders toward precious metals. Currency movements are acting as a secondary variable: a softer rupee amplifies import-linked commodity prices on MCX, compounding the directional move from global spot markets. Global gold prices held steady near recent highs, signaling that international demand remains firm even as the domestic rally draws additional support from local macro conditions. Analysts are flagging elevated volatility ahead, given that oil prices and Iran-related headlines can reverse quickly. The tactical consensus among market participants is a buy-on-dips posture, meaning short-term pullbacks are likely to attract fresh long positions rather than signal trend reversal. Traders should monitor crude benchmarks and any official statements from U.S.-Iran negotiations as the primary near-term catalysts.
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.
