VST Industries shares surged 18.54% to ₹286.40 on the BSE after the company released its Q4 results, marking one of the stock's sharpest single-session moves in recent memory. The cigarettes and tobacco products manufacturer is a known holding in ace investor Radhakishan Damani's portfolio, a fact that consistently draws retail attention to the stock. The Q4 earnings announcement served as the direct catalyst, though the article does not specify which metrics drove the market's positive reaction. Damani's association with VST Industries amplifies investor sentiment around earnings events, as his portfolio holdings tend to attract outsized retail participation. Traders and analysts tracking the stock will focus on the underlying Q4 financials, including volume trends in the cigarettes segment and margin performance, to assess whether the re-rating holds or proves short-lived.
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.
