India’s VIX index has plummeted to record lows, indicating reduced market volatility and increased investor confidence ahead of the US Federal Reserve’s policy meeting. While this suggests a period of market stability, analysts caution against potential complacency, as low VIX readings can mask underlying risks and unexpected market corrections. Institutional investors are positioning for limited near-term movement.
Zee Entertainment approves Rs 600-crore share buyback at Rs 91 apiece; promoters to stay out
Zee Entertainment has approved a Rs 600 crore share buyback at Rs 91 per share, a 24% premium over its latest NSE closing price. The