Market Bizzz

This proposal comes after the regulator observed the growing need to clearly distinguish content uploaded by Sebi-regulated persons from material posted by unregistered individuals on social media

Wall Street indexes climbed Friday after a CME Group outage, which had temporarily frozen global trading, was resolved. Major indexes saw gains as markets reopened. Retailers were in focus with the holiday shopping season kicking off, while bets on a December Fed rate cut increased amid mixed economic signals.

Logiciel Solutions’ ₹39.90 crore SME IPO opened on Friday with steady investor interest, reflected in a grey market premium of around 21%. The issue, priced at ₹183–193 per share, includes a ₹32.70 crore fresh issue and a ₹7.20 crore offer for sale. Retail investors must apply for at least 1,200 shares (₹2.31 lakh at the upper band).

Purple Wave Infocom’s ₹31.45 crore SME IPO opened on Friday with no grey-market premium, indicating a neutral debut. The issue, priced at ₹120–126 per share, is a fully fresh offer of 24.96 lakh shares and closes on December 2. Retail investors must bid for at least 2,000 shares, costing ₹2.52 lakh at the upper band. Allotment is due on December 3, with listing on December 5 on the BSE SME platform.

The US dollar weakened on Thursday. Investors are looking towards next year. They expect multiple US interest rate cuts. The yen and euro gained against the dollar. The New Zealand dollar reached a three-week peak. Australia’s dollar also saw gains. Sterling moved higher. The US dollar index remained flat.

Asian Paints’ shares are expected to see movement. Its step-down subsidiary in the UAE will establish a second paint manufacturing facility. The investment is AED 140 million. This new unit will be located in Khalifa Economic Zones Abu Dhabi. It will have an initial production capacity of 55,800 kilolitres per annum. The expansion aims to strengthen the company’s international presence.

Whirlpool Mauritius plans to sell up to 7.5% of its stake in Whirlpool of India, valued at approximately Rs 965 crore, through a block deal. The floor price is set at Rs 1,030 per share, a 14% discount to the current market price. This move comes as the company’s stock has underperformed and its recent quarterly earnings showed a decline.

HDFC Asset Management Company shares are trading ex-bonus today, November 26, following a 1:1 bonus share issue. Investors who held shares by the end of trading on November 25 are eligible for one bonus share for every share owned. The record date for this bonus issuance was November 26, 2025.

Bharti Airtel shares are under scrutiny as promoter ICIL plans to sell a 0.56% stake for approximately $806 million. This follows a similar divestment by Singtel. The deal occurs after Airtel’s strong Q2 results, with robust EBITDA growth and rising ARPU. Analysts remain optimistic, citing potential tariff hikes and operational strength.