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.
NSE stock draws rare ‘Sell’ call ahead of long-awaited IPO debut
Dolat Capital has initiated coverage on NSE with a ‘sell’ rating and a Rs 1,550 target, implying 26% downside from its unlisted-market price. The brokerage