Market Bizzz

Lenskart Q2 Results: Lenskart Solutions reported its first quarterly results post-listing, showcasing a robust 19.6% year-on-year increase in consolidated profit after tax to Rs 102.22 crore. Revenue from operations also surged by 20.8% YoY, reaching Rs 2,096.14 crore for the second quarter ended September 2025.

FIIs remain net sellers in November with Rs 3,765 crore outflows till November 29, but improving macros and record-high markets may trigger a shift in their strategy. Analysts say strong GDP data, robust earnings, and revived sentiment could halt sustained selling and potentially draw FIIs back as buyers.

Oyo parent PRISM will hold an EGM on December 20 to seek approval for raising up to ₹6,650 crore via fresh equity for its IPO and issuing a 1:19 bonus. Shareholders will also vote on increasing authorised capital to ₹2,491 crore

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.