Concerns are rising over the weighting methodology of Indian indices like Nifty and Bank Nifty, with experts suggesting a re-evaluation. Gurmeet Chadha proposes incorporating GDP representation alongside free-float market cap. He highlighted that HDFC and ICICI constitute a significant portion of Bank Nifty.
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