Indian equity benchmarks closed Friday's session sharply higher, with the Sensex gaining 500 points and the Nifty settling above 24,350, capping a weekly advance of more than 2% for both indices. The rally erases a portion of losses sustained during a March selloff that had pressured domestic equities. Market capitalization of BSE-listed companies expanded by over Rs 53 lakh crore across the week, a sign of broad-based buying rather than narrow sector rotation. The primary catalyst cited is growing optimism that the Iran-US conflict could reach a resolution sooner than previously expected, reducing geopolitical risk premiums that had weighed on emerging market sentiment. Easing geopolitical tension typically compresses crude oil risk pricing, which carries direct implications for India given its import dependence on oil. Traders will now watch whether diplomatic signals between Tehran and Washington solidify or stall, and whether foreign institutional flows into Indian equities sustain the momentum built this week.
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.
