Indian markets are expected to remain range-bound with 8–9% Nifty returns over the next year, says Jefferies’ Mahesh Nandurkar. Strong domestic inflows support downside, but equity supply and weak FPI participation cap significant upside, keeping consolidation intact.
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