Lenskart’s IPO is generating significant discussion. Deepak Shenoy, CEO of Capitalmind Asset Management, noted the drama and unpredictability of IPO markets, drawing parallels to Honasa’s IPO. Lenskart’s valuation has raised eyebrows, with some fund houses clarifying their investment decisions. The eyewear retailer’s IPO opened for subscription recently.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader