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Lenskart shares in focus as Goldman Sachs, Morgan Stanley, others purchase stake in Rs 1.960 crore block deal
Lenskart Solutions saw significant stake activity as marquee investors bought Rs 1,960 crore in a block deal, with Platinum Jasmine A 2018 Trust paring its holding. Despite recent exits, brokerages remain optimistic about Lenskart's long-term growth, citing its integrated model and international expansion.
Goldman Sachs, Morgan Stanley and others buy stake in Rs 1,960 crore Lenskart block deal
ADIA-backed Platinum Jasmine A 2018 Trust sold a 2.3% stake in Lenskart through a Rs 1,960 crore block deal. The transaction attracted strong participation from mutual funds, insurers and foreign investors, reflecting continued confidence in the eyewear retailer’s growth prospects.
Gems and jewellery exports fall over 9% in April amid weak demand, volatile prices
India’s gems and jewellery exports fell over 9% in April 2026, as weak global demand hit diamonds and gold while silver and platinum jewellery gained.
Gems and jewellery exports decline over 35% in March amid global headwinds; imports rise over 16%
India gems and jewellery exports slump 35% in March 2026 as gold and diamonds weaken, while silver and platinum jewellery buck the trend with strong growth.
Commodity Corner: Oil, gold decline as geopolitical risks ease; dollar remains in focus
Other precious metals also declined, with silver falling 1.1% to $58.50 per ounce, while platinum and palladium traded lower.