The dollar strengthened to a near three-month high, driven by anticipation of U.S. economic data that could influence the Federal Reserve s hawkish stance. Meanwhile, the yen weakened significantly against the dollar due to interest rate disparities. Investors are closely watching upcoming economic indicators for insights into the U.S. economy s health.

Digital payments firm Pine Labs has announced its Rs 3,900 crore IPO, with shares priced between Rs 210 and Rs 221. The issue opens November 7, featuring a fresh issue and an offer for sale by major investors. Employee reservations and a discount are included. The valuation appears high compared to industry peers.

Investors who applied for Orkla India’s ₹1,667 crore IPO can check their allotment status today as the company finalises share allocations. The IPO, subscribed 48.74 times overall, saw strong institutional demand. Shares will be credited on November 4 and listed on November 6, with a grey market premium of 13%, indicating potential listing gains of about ₹95 per share.

We have collated a list of recommendations from top brokerage firms from ETNow and other sources:

Jayesh Logistics is making its stock market debut on the NSE SME platform. The company s Rs 29-crore IPO saw strong subscription rates, indicating potential listing gains. Jayesh Logistics offers end-to-end logistics services, focusing on the India-Nepal corridor. The company has shown significant financial growth and plans to expand its operations.

Investors have a final chance today, November 3, to buy shares in Coal India, Mazagon Dock Shipbuilders, and RailTel Corporation of India. These public sector undertakings are offering interim dividends. Shares will trade ex-dividend from November 4. Other companies like Bhansali Engineering Polymers, Happiest Minds Technologies, and Sundram Fasteners also go ex-dividend on November 4.

The Indian rupee is nearing its record low, with the central bank s intervention crucial to prevent a further slide. Bond traders also anticipate continued RBI support to manage yields. Meanwhile, global markets await U.S. Federal Reserve signals on interest rates, while domestic IPOs could influence portfolio flows. Investors are closely watching these developments.

China is planning to issue three- and five-year senior unsecured dollar bonds, according to a term sheet reviewed by Reuters. The potential offering will be structured as 144A/Reg S bonds, allowing sales to both U.S. and international investors.

Parsvnath Developers and Unity Group s new Delhi mall, Unity One Elegante , is fully leased, projecting an impressive Rs 120 crore annual rental income. This joint venture, boasting 5 lakh sq ft of leasable space, highlights strong demand for quality retail in the NCR. The mall s development on 28,400 square meters underscores significant investment in the capital s commercial landscape.