Investors withdrew a massive $43.19 billion from U.S. equity funds, the largest outflow since December 2024, driven by concerns over high market valuations after a significant rally and a Federal Reserve rate cut. Large-cap and technology funds experienced substantial outflows, while bond funds continued to attract inflows for the 22nd consecutive week.
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