Latest Updates Around The World
India’s benchmark indices closed sharply lower on Friday, driven by broad selling across sectors. Consumer, IT and energy stocks were among the biggest laggards.The Nifty settled at 25,471.10, down 336 points or 1.30%, while the BSE Sensex tumbled 1,048.16 points or 1.25% to close at 82,626.76. The volatility gauge, India VIX, ended at 11.73, down […]
Dalal Street investors have become richer by Rs 30.20 lakh crore this year, helped by a rise of over 8 per cent in the BSE benchmark Sensex, despite multiple headwinds in the form of exodus of foreign funds, rate-related uncertainties, high valuations and a weakening rupee.Analysts said despite the headwinds, equity markets showed resilience, helped […]
Shares of Groww parent Billionbrains Garage Ventures rose as much as 9.5% to Rs 175.60 on the BSE on Wednesday, riding a wave of optimism following the upcoming index inclusion and the launch of its emergency trading platform, Groww Lite. Since its IPO, the stock has skyrocketed 75.6% from its issue price of Rs 100, […]
Meesho’s sharp rally on Wednesday, following a buy call from UBS, made it the best-performing major IPO in 2025. The stock rose about 20% on the session, taking its gains to nearly 95% from its issue price. Data from Trendlyne shows that for companies that raised more than Rs 5,000 crore this year, the second […]
Markets hit new record highs — 26,325.80 on the Nifty and 86,159 on the Sensex — on Friday before giving up gains to close marginally lower as weakness in pharma and financial stocks outweighed support from the auto and IT sectors. The Nifty settled at 26,175.75, down 27.20 points (0.10%), while the Sensex fell 64.77 […]
The IPO momentum shows no signs of slowing down as another 20 companies, including ICICI Prudential AMC, Meesho and Juniper Green Energy, prepare to launch their public offerings that could collectively raise nearly Rs 40,000 crore in the next two months, investment bankers said.This robust pipeline will add prominent names such as artificial intelligence company […]
Shares of as many as seven newly listed companies could see increased activity in December as their shareholder lock-in periods expire. At current market prices, the value of shares eligible for trading post-maturity for these companies is estimated at close to Rs 7,000 crore.Importantly, the end of a lock-in does not mean that all these […]
When Lenskart founder and CEO Peyush Bansal took the stage at the company’s listing ceremony on Monday, he didn’t just talk about valuations and vision. Instead, he shared how building India’s largest ever eyewear brand meant not only convincing engineers to join a ‘chashma ka company’, but even convincing his co-founder’s future father-in-law that an […]
Eyewear retailer Lenskart Solutions made a volatile market debut on Monday, trading below its IPO price but quickly rebounding above 3% intraday as investors weighed steep valuations against its dominant position in India’s fast-growing eyewear market. The stock opened at Rs 390 on the BSE, a 3% discount to the issue price of Rs 402, […]
The gray market premium (GMP) for eyewear retailer Lenskart Solutions has fallen to zero, negating all the excitement ahead of its market debut on Monday. The GMP, which had peaked at Rs 108, implying a listing population of over 25% before the IPO announcement, has now collapsed, indicating that the counter could see a flat […]
