Goldman Sachs maintained a buy rating on PVR for a target of Rs 2250. It was a subdued quarter which is not indicative of underlying weakness. The risk-to-reward ratio is attractive. Improving content slate, and strong pricing power are key triggers for PVR.
Fed tightening bets weigh on gold prices
Gold prices have taken a hit, influenced by rising oil rates that have sparked inflation fears and suggested further interest rate hikes may be on