Shares of RPSG Ventures rose sharply after United Spirits sold the Royal Challengers Bengaluru franchise for Rs 16,600 crore, setting a new benchmark for IPL valuations. The record deal has lifted sentiment for listed franchise owners, including RPSG’s Lucknow SuperGiants stake.Read More
Indian markets are experiencing a strong rally, sparking optimism. Technical indicators suggest a possible shift in momentum. Experts believe a short-term bottom may have formed, creating favorable risk-reward for buyers. Banking stocks are also showing strength. While real estate has seen gains, its long-term outlook remains uncertain. The market appears poised for further upside in the near term.Read More
Vivid Electromech’s IPO, aiming to raise Rs 130.54 crore, opened for subscription on Wednesday. The company plans to utilize funds for a new manufacturing unit, debt repayment, and working capital. The issue includes both fresh equity and an offer for sale by promoters. Grey market indicators suggest a flat listing.Read More
Manappuram Finance shares rose after announcing Bain Capital’s open offer to acquire a 26% stake at ₹236 per share, open from April 6–20. The move follows RBI approvals for a change in control of its subsidiaries, completing the ₹4,385 crore deal.Read More
Spillovers from war in the Middle East threaten to push the rupee past 98 per dollar and hurt Indian stocks, according to analysts at Bernstein, highlighting the country’s vulnerability to shocks stemming from a sharp rise in energy prices.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
