Wipro shares advanced ahead of the company's board meeting scheduled to consider Q4 results, dividend, and buyback announcement after market close. The board is set to approve both standalone and consolidated earnings for the March quarter, making this a multi-catalyst session for the stock. Investor attention is concentrated on the buyback decision, which would signal management's confidence in cash generation and potentially support the share price through demand absorption. A dividend announcement alongside earnings is a secondary income catalyst for retail holders. The combination of three simultaneous disclosures, earnings, dividend, and buyback, compresses the typical information release cycle into a single event, amplifying short-term price sensitivity. Traders will be parsing margin trajectory and revenue guidance closely, particularly given the broader IT sector's exposure to softening discretionary tech spending from enterprise clients. The post-market announcement eliminates intraday reaction but sets up a sharp open for the following session.
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.
