Fall in unemployment rate, Lenskart IPO listing, Vi's losses down 23%, & more - Groww Digest

Monday, 3 November 2025

Groww Digest

Nov 10, 2025

Markets opened above Friday’s closing point.

Nifty 50 fell in the last hour but closed in the green.

IT stocks and pharma stocks rose the most today. Media stocks and realty stocks fell the most.

Global markets: Most US markets closed flat on Friday. Asian markets and European markets rose (as of 6 pm IST).

News

India’s unemployment rate fell to 5.2% in the July-Sept quarter (vs 5.4% in the previous quarter).
India’s NPCI international and Bahrain’s BENEFIT signed a pact to link UPI with Bahrain’s instant-payment system, to enable faster and low-cost cross-border remittances between the two countries.
InCred Holdings applied for an IPO through a confidential route.
Pine Labs IPO has been subscribed 0.54 times. Retail subscription: 0.87 times. IPO closes tomorrow (11 Nov).
Lenskart IPO listed on the stock exchanges at a discount of 1.74% on the issue price and closed 0.27% up at the end of the day.
SEBI cautioned investors about investing in digital gold or E-gold products through online platforms, stating that it is not a regulated product and may have significant risks. Regulated gold investments include gold ETFs, sovereign gold bonds, etc.

Stocks Updates

JSW Energy: commissioned 85 MW of new renewable capacity (74 MW solar and 11 MW wind).
Havells India: settled its trademark dispute with the HPL Group, paying Rs 129.6 crore as full settlement. HPL surrendered all rights to the ‘Havells’ name.
Bajaj Finance: net profit rose 22% year-on-year to Rs 4,875 crore in the July-Sept quarter. Interest income rose 19% to Rs 17,796 crore.
Solar Industries: net profit rose 21% year-on-year to Rs 345 crore in the July-Sept quarter.
Vodafone Idea: net loss reduced 23% year-on-year to Rs 5,524 crore in the July-Sept quarter.
BPCL: said the Mozambique LNG project in East Africa has resumed after a security-related halt. The company’s subsidiary ‘BPRL’ holds a 10% stake in the project.
Pidilite: company subsidiary, Nina Percept, received a Rs 2.10 crore GST penalty order from the Central GST Goa authority.

Word of the Day

Liquidity

It refers to how quickly and easily an asset can be converted into cash without losing its value

Stocks and bonds are liquid assets. They can be sold quickly in the market without losing much value.

Assets like real estate, collectibles, and private company shares are less liquid or illiquid. While they can give higher returns, they take longer to sell and may lose value in that time.

Companies and individuals need liquidity to meet short-term expenses, emergencies, or financial obligations.

Example: if you have Rs 1 lakh in your bank account, you can use it immediately, meaning you have liquid cash. If you own a house worth Rs 1 crore, selling it can take months meaning it has low liquidity.

6 Day Course

Theme: bonds
Day 1: Monday

This week, let’s understand bonds and investing in them.

Bonds are basically loans. The person who lends the money is the investor. The person who borrows the money is the bond issuer.

A bond is a certificate that specifies the principal amount, the rate of interest (also called coupon), the maturity date (loan period), and the maturity amount (principal + interest).

Bonds are issued by many different kinds of organisations.

Companies, local governments, municipal bodies, states, central governments, banks, institutions, etc. can all issue bonds.

Just like how shares can be bought and sold, bonds can also be bought and sold.

Let’s say you have a bond issued by a local government body. It matures in 5 years.

But much before that, you sell it off to your brother.

This means that when the bond matures, the maturity amount will be collected by your brother — he is the owner of the bond.

In this manner, bonds can be bought/sold. Investors need not wait till the maturity period to earn from them.