Indian equity benchmarks surged sharply in early trade, with the BSE Sensex gaining 1,422.85 points to 78,270.42 and the NSE Nifty climbing 438.25 points to 24,280.90, driven by optimism around a potential resumption of U.S.-Iran peace talks. The rally reflects how geopolitical de-escalation signals can rapidly reprice risk assets, particularly in emerging markets sensitive to oil price volatility and global risk appetite. A diplomatic thaw between Washington and Tehran would, if sustained, ease pressure on crude oil supply concerns, a direct input cost variable for India's import-heavy economy, which runs a structural current account deficit partly driven by energy bills. Traders will be watching whether formal negotiations materialize and how oil futures respond, as any reversal in diplomatic momentum could quickly unwind the risk-on positioning reflected in today's opening moves.
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.
