ITC shares are expected to be in focus as the government introduces a new Health Security National Security Cess to maintain high tax burdens on tobacco products. This move follows the expiration of the GST compensation cess, with legislative changes aimed at preventing a decline in tax revenue from the sector.
RIL shares in focus as Jio adds highest subscriber base among peers with 20 lakh additions in October
Reliance Jio has secured the top spot for new mobile subscribers in October. This significant gain is expected to draw investor attention to Reliance Industries Limited shares. Other telecom players like Bharti Airtel also saw user growth. However, Vodafone Idea experienced a subscriber decline. India’s overall telecom market continues to expand, with broadband services showing steady progress.
Dalal Street Week Ahead: Nifty scales record high, but limited market support flags caution near 26,300
Nifty ended the week with modest gains and a fresh record high, but broader market participation remained weak as the Nifty 500 continued to trail its peak. With the index testing a key resistance zone near 26,300, traders may adopt a cautious, stock-specific approach amid subdued volatility and mixed sectoral trends.
Lenskart Q2 Results: Cons PAT jumps 20% YoY to Rs 102 crore, revenue up 21%
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 net sellers of Rs 3,765 crore till November 29, but flows may shift as sentiment turns
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.
PRISM seeks shareholder approval for Rs 6,650 crore IPO
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
Sebi wants regulated entities, agents to display name, registration number on social media
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
US stocks trade higher on last trading day of November, futures resume trade after outage
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 IPO: Check GMP, price band, subscription and other details
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 IPO: GMP among key details to know before subscription
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.