Market & IPOs
Recent data reveals significant activity in the Initial Public Offering (IPO) market. Groww's IPO saw a subscription rate of 1.64 times on its second day,
while the Lenskart IPO, ahead of its listing, faced a decline in the Grey Market Premium (GMP). Simultaneously, the Orkla India IPO displayed a muted premium upon listing. The markets also witnessed considerable fluctuations with the Sensex closing lower by 95 points, and the Nifty falling below 25,500. This volatility underscores the necessity for investors to carefully assess the primary market and reassess their investment strategies in light of these movements.
Tax & Finance
Key financial aspects, including tax-related deadlines and various investment opportunities, were highlighted. The Central Board of Direct Taxes (CBDT) extended deadlines for filing audit reports and income tax returns for Assessment Year 2025-26. A report suggested that the government is expected to notify rules under the new Income Tax Act by the end of December 2025. Investors also need to be aware that the last date to link PAN with Aadhaar is nearing, and failure to do so may result in the PAN becoming inoperative after December 31, 2025. Additionally, the deadline for filing GSTR-3B was extended to October 25 due to Diwali festivities.
Investment Choices
Several investment avenues, including mutual funds and sovereign gold bonds, were discussed. Helios launched a small-cap mutual fund, offering an alternative for investors. The article also examined options beyond Fixed Deposits (FDs), suggesting alternatives to potentially yield higher returns. Sovereign Gold Bonds investors were informed about receiving a 316% return as the Reserve Bank of India (RBI) announced the final redemption for a specific SGB series. Furthermore, the article looked at how the SIP, SWP, and STP mutual fund investment strategies work and when they provide the highest returns.
Market Insights
The broader economic conditions and sector-specific performances were observed. The Goods and Services Tax (GST) collection in October rose by 4.6% to Rs 1.95 lakh crore. India is experiencing an equity revolution, with 12 crore investors participating in the markets, as reported by NSE Chief Ashish Chauhan. HSBC expressed a bullish outlook on India, positioning equities as a hedge against the AI rally. In the steel sector, the demand is projected to increase by 9% in 2025-26. Infosys announced a share buyback in 2025, fixing a record date for a Rs 18,000 crore repurchase.
Gold & Banking
The dynamics of gold prices and banking holidays were addressed. Gold rates experienced fluctuations, with prices in Delhi and Mumbai updated on different days. In terms of banking schedules, a bank holiday was observed on Guru Nanak Jayanti, and the article also provided information on whether banks were open or closed on the Wangala festival. Furthermore, the State Bank of India (SBI) report recommended a long-term gold policy for India, considering the global gold rush.
Loans & Earnings
Different aspects related to loans and earning opportunities were covered. Comparisons between gold loans and personal loans were provided to help individuals make the right financial choice. A business model was discussed that can potentially generate a profit of Rs 1 lakh monthly with minimal investment. The article also analyzed how individuals can claim investments of deceased holders, including those in mutual funds and bank accounts. Moreover, it detailed a home-based business opportunity that is helping individuals earn Rs 50,000 every month.
