Tesla's stock has reclaimed its 50-day moving average, a technical threshold traders watch as a signal of near-term momentum recovery. The move marks a meaningful shift from recent weakness, though the stock has not yet reached a point that technical analysts would classify as a formal buy trigger. The 50-day line is widely used by institutional investors to gauge trend health; a clean hold above it often precedes broader re-accumulation, while a failure to hold can confirm renewed distribution. For Tesla, which has faced pressure from slowing delivery growth, margin compression, and heightened competition in the EV sector, reclaiming this level carries operational as well as technical weight. The stock becomes more actionable if it forms a proper base and breaks above a defined pivot point with above-average volume, the conventional confirmation that demand is outpacing supply at current prices. Investors tracking the name should watch for a sustained hold above the 50-day and a constructive base-building period before treating the move as a durable entry signal.
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.
