US equities posted broad gains Tuesday, with the S&P 500 and Nasdaq each climbing more than 1% as three converging tailwinds lifted risk appetite. Renewed signals of US-Iran diplomatic engagement reduced near-term geopolitical risk premium that had been weighing on sentiment, while softer-than-expected US producer price inflation reinforced expectations that cost pressures are easing. A solid corporate earnings season provided the third leg, giving equity buyers fundamental cover beyond macro relief. Technology led the advance, with software and semiconductor names driving index-level outperformance. The sector's outsized move reflects its dual sensitivity to interest rate expectations and global risk sentiment, both of which shifted favorably on the session. The rally pushed major indices toward record territory, a threshold that typically draws both momentum buyers and profit-taking. Investors should watch whether US-Iran talks produce concrete progress, as any breakdown would quickly reverse the geopolitical discount currently priced in. Inflation data and earnings guidance from bellwether tech names remain the near-term fundamental catalysts to track.
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.
