On Friday, gold and silver prices on the MCX rebounded from early lows, while international gold prices remained flat. The Federal Reserve’s rate cut failed to meet dovish expectations, leaving investors awaiting further cues on U.S. policy. Manoj Kumar Jain suggests specific trading ranges for gold and silver on the MCX, advising to sell silver around Rs 1,27,500.
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