Despite foreign investor concerns, UTI AMC’s Amit Premchandani sees value in Indian equities, emphasizing valuations and earnings quality over short-term flows. He favors large caps, BFSI, healthcare, and autos, anticipating growth from policy measures and sector-specific drivers. Premchandani also highlights the contrarian potential of the IT sector, citing attractive valuations and potential for growth recovery.
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