ICICI Prudential AMC’s CIO, S Naren, advises caution on gold investments, despite its current popularity, citing unattractive value compared to two years prior. He highlights low Indian 10-year government security rates relative to higher global yields. Naren suggests a diversified, conservative investment approach across multiple asset classes, while remaining optimistic about India’s macroeconomic stability.
Buyback alert! GE Shipping shares rise 3% as firm set to repurchase shares at 16% premium
Great Eastern Shipping experienced a surge in its stock prices following the announcement of its inaugural share buyback scheme. The company has proposed to repurchase