UPI volumes stay above 20 billion in November
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Investor demand for Meesho’s anchor book soared, with bids worth ₹80,000 crore coming from global funds including Tiger Global, BlackRock, Fidelity, and top domestic mutual funds.
💬 Expert Take — “A 32x anchor book shows deep market confidence in India’s digital commerce model despite volatile global markets.”
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🗞️ Wakefit fixes IPO price band at ₹185–195
Direct-to-consumer furniture and home brand Wakefit has set its IPO price band at ₹185–195, indicating strong investor appetite ahead of the listing.
🗞️ UPI volumes stay above 20 billion in November
India’s flagship digital payments network UPI recorded 20B+ transactions in November, posting its fastest growth in three months.
💬 Expert Take — “UPI’s sustained scale highlights India’s unmatched digital payments adoption globally.”
📊 Market Update
📉 Sensex: 85,138.27 ▼ 503.63 pts (–0.59%)
📉 Nifty 50: 26,032.20 ▼ 143.55 pts (–0.55%)
🪙 Gold (per gram): 24K ₹12,986 ▼ ₹1 | 22K ₹11,904 ▼ ₹1
🥈 Silver (per kg): ₹1,87,900 ▼ ₹100