Indian equity markets surged on Thursday, with the Nifty 50 climbing 1.4% to reclaim the 24,300 level and the BSE Sensex jumping over 1,000 points to trade near 78,000. The broad-based rally pushed both headline indices back toward recent resistance zones after a period of weakness. Reliance Industries and ITC were the biggest contributors to the Sensex gain, meaning heavyweight conglomerates in energy and consumer goods led the charge rather than a narrow sector move. A 1,000-point Sensex move signals meaningful institutional buying, as these index moves require large-cap participation across multiple sectors. Traders will now watch whether Nifty can hold above 24,300 on a closing basis, which would confirm the recovery rather than a one-day bounce. The durability of this move will depend on whether the buying continues into the session close and what triggers, if any, sustain momentum in the sessions ahead.
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.
