Indian markets have recently reached new highs, fueled by GST rationalization and easing tariff concerns. However, sustaining this rally hinges on the return of consistent FPI buying. While DIIs have provided support, trade negotiations and earnings growth will be crucial factors.
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