 "Zee Entertainment hits 14-year high on entry into Nifty")
Zee Entertainment Enterprises has moved higher by 3.6% to Rs 317, also its 14-year high on National Stock Exchange, after its entry into the 50-share CNX Nifty index from today.
Zee Entertainment Enterprises which replaced United Spirits was the largest gainer among Nifty stocks.
Shares of broadcasting and cable TV operator were currently trading at its highest level since June 2000. It rallied 11% in past three trading sessions compared to 2.4% rise in benchmark index.
The stock opened at Rs 310 and touched a low of Rs 303 in early noon deals on NSE. The trading volumes on the counter almost doubled with a combined around 5.5 million shares changed hands so far on NSE and BSE.
Zee Entertainment Enterprises which replaced United Spirits was the largest gainer among Nifty stocks.
Shares of broadcasting and cable TV operator were currently trading at its highest level since June 2000. It rallied 11% in past three trading sessions compared to 2.4% rise in benchmark index.
The stock opened at Rs 310 and touched a low of Rs 303 in early noon deals on NSE. The trading volumes on the counter almost doubled with a combined around 5.5 million shares changed hands so far on NSE and BSE.