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The Federal Reserve is expected to deliver a second rate cut amid a data blackout from the government shutdown, balancing inflation risks, slowing jobs, and growing political pressure.
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Studds Accessories has set a price band of ₹557–₹585 per share for its ₹455.49 crore IPO, entirely an offer for sale of 78 lakh shares by existing shareholders. The issue opens on Oct 30 and closes on Nov 3, with listing expected on Nov 7, 2025.
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The Indian Rupee weakened by 12 paise to 87.95 against the US Dollar today. This dip is linked to rising crude oil prices. Optimism surrounding a potential US-China trade deal is boosting oil demand expectations. Meanwhile, domestic equity markets are showing gains. India’s forex reserves have also seen a significant increase.
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Lenskart is preparing for its IPO opening on 31 October 2025, aiming to raise Rs 7,278 crore through a mix of fresh issue and offer for sale. Backed by Radhakishan Damani and major global investors, the eyewear retailer’s strong financial turnaround and market positioning highlight robust demand and valuation optimism.
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Western sanctions on Russian oil have limited impact, as Moscow uses alternative routes and “dark fleet” networks to sustain exports. The measures raise costs and reshape global energy trade without halting flows.
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