PhysicsWallah Debuts at 33% Premium
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🗞️ PVV Infra to invest ₹650 crore in solar cell unit
PVV Infra signed an MoU to invest ₹650 crore in a solar cell manufacturing facility in Andhra Pradesh. The project aims to strengthen domestic renewable manufacturing capacity.
🗞️ PhysicsWallah debuts at 33 percent premium
PhysicsWallah made a strong market debut at ₹145, marking a 33 percent premium over its IPO price. Early sentiment reflects confidence in the EdTech player’s financial discipline and growth potential.
💬 Expert Take — “A premium listing amid a busy IPO calendar signals selective but firm appetite for profitable digital-first firms.”
🗞️ Russia to approve 25 Indian fishery units for exports
Russia is set to approve nearly 25 Indian fishery exporters, opening new market access opportunities for Indian marine products amid rising global demand.
🗞️ 16th Finance Commission submits report
The 16th Finance Commission has submitted its full report to the President, outlining recommendations on tax devolution, grants, and fiscal consolidation roadmap for FY27–FY31.
🗞️ GMR Airports secures major refinancing
GMR Airports has secured refinancing for its airport entities, helping ease debt load and fund ongoing infrastructure expansion as India’s air passenger traffic continues to scale new highs.
🗞️ Crude import bill down 13 percent in Apr–Oct
India’s crude import bill fell 13 percent to $71 billion, supported by lower global prices and diversified sourcing.
💬 Expert Take — “Lower import bills strengthen India’s current account and offer fiscal breathing room, especially ahead of capex-heavy quarters.”
🗞️ Excelsoft IPO opens today
The Excelsoft IPO opened for subscription today. With a shrinking GMP and moderate valuations, analysts suggest a selective approach toward the issue.
🗞️ Coal India’s 7 percent yield hides deeper value
A new report notes that Coal India’s 7 percent dividend yield is only part of the story — the real value lies in its stronger, faster-growing subsidiaries poised for capacity expansions.
📊 Market Update
📉 Sensex: 84,673.02 ▼ 277.93 pts (–0.33%)
📉 Nifty 50: 25,910.05 ▼ 103.40 pts (–0.40%)
💱 USD/INR: 88.20
🪙 Gold (per gram): 24K ₹12,365 ▼ ₹1 | 22K ₹11,334 ▼ ₹1
🥈 Silver (per kg): ₹1,61,900 ▼ ₹100