Lenskart s IPO is here, seeking a high valuation. The eyewear giant shows impressive growth and profitability. Its strong market position and innovative model are key strengths. Investors are weighing the premium price against future potential. The company aims for significant expansion in India and globally. This IPO could be a major consumer-tech success story.

Orkla India s Rs 1,667 crore IPO saw strong investor interest, subscribed 2.70 times by Day 2. Retail and Non-Institutional Investors showed robust participation, while QIBs were at 6%. The stock is trading at a 9.5% grey market premium, indicating a potential listing price of Rs 800.

Indian stocks opened with a muted tone on Friday, with the Sensex and Nifty experiencing minor fluctuations. The domestic rally lost some steam as foreign investors resumed selling, though strong corporate earnings and easing global trade tensions provided some support.

Six Nifty500 stocks closed more than 1% above their VWAP on October 30, signalling bullish momentum. According to StockEdge data, the move suggests strong buying interest, with Chennai Petroleum, PB Fintech, and Neuland Laboratories among the top gainers. A close above VWAP often reflects positive market sentiment and accumulation.

China’s factory activity contracted for a seventh month in October as weak domestic demand and a faltering property sector weighed on growth, despite modest gains in industrial output and profits.

November s market performance for Nifty is historically split. Foreign investors bought in 60% of past Novembers, while domestic investors showed stronger buying in 70% of instances. This year, domestic investors are a key stabiliser. Looking ahead, Nifty is expected to end positively in November 2025, building on October s gains. However, some caution exists regarding near-term sentiment and rollover trends.

Shares of Rubicon Research rose up to 3% on October 31 after Motilal Oswal initiated coverage with a ‘Buy’ rating and a target price of Rs 740, implying a 22% upside. The brokerage highlighted Rubicon’s strong R&D-led growth, expanding US portfolio, and 43% earnings CAGR outlook, citing its efficient product launches and premium valuation potential.

The Indian Rupee showed a slight recovery against the US Dollar on Friday. This movement was influenced by falling crude oil prices and a weaker American currency. However, foreign fund outflows and selling in equity markets limited a sharper gain for the domestic unit. The Rupee had previously seen a significant fall after the US Federal Reserve s interest rate decision.

Studds Accessories IPO: The IPO is entirely an offer for sale (OFS) by existing shareholders and will be open for subscription till November 3. The price band has been fixed at ₹557–585 per share, with investors required to bid for a minimum of 25 shares.

Tata Investment Corporation shares have fallen nearly 25% post-split, amid profit-booking and growing unease over the Tata Group s leadership turmoil. Technical experts suggest the stock is in a cooling-off phase, with Rs 760 being a crucial support level. The group s internal disputes and operational challenges are weighing on investor sentiment.