Companies often initiate buybacks to return capital to shareholders, signal confidence in their stock, or improve financial metrics like EPS.
The Indian market closed flat on Tuesday, ahead of the Christmas holiday, with gains in FMCG and auto stocks being offset by losses in metal
The Indian market closed flat on Tuesday with a negative bias. The BSE Sensex fell 83 points while the Nifty50 managed to close above 23,700
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