ASML and TSMC both issued strong forward guidance, signaling that capital expenditure cycles tied to AI infrastructure remain on track despite broader macro uncertainty. The two companies sit at opposite ends of the semiconductor supply chain, ASML manufactures the extreme ultraviolet lithography machines that enable advanced chip fabrication, while TSMC is the world's dominant contract chipmaker, making their aligned outlooks a reliable cross-check on demand health across the sector. Their forecasts suggest hyperscaler and AI accelerator spending commitments are translating into real equipment orders and wafer capacity bookings, not just announced intentions. Investors and analysts tracking the AI capex cycle will treat these data points as confirmation that near-term demand is holding, though the durability of the cycle beyond current order books and any concentration risk among a small number of large AI customers remain the key variables to monitor going forward.
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.
