Interest in the broader markets remained strong, with BSE Midcap index rallying 1.09 per cent and the BSE Smallcap index 0.63 per cent

Stock market, markets, IPO

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			Led by gains in select IT and private bank stocks, the benchmark indices settled in the green on Tuesday, rising for the second time in the last three sessions. Although, profit booking at higher levels and mixed global cues pulled indices off day&#39;s high, resulting in meagre gains at the benchmark level. The flagship Sensex ended 69 points higher at 58,247.09. Meanwhile, Nifty50 closed the day at 17,380, up 25 points.&nbsp;</div>
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			At the same time, interest in the broader markets remained strong, with BSE Midcap index rallying 1.09 per cent and the BSE Smallcap index 0.63 per cent.&nbsp;</div>
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			The stock-specific activity remained high. Shares of Zomato ended the volatile session up 0.63 per cent, off 6 per cent from all-time high of Rs 152.75 after the company&#39;s co-founder Gaurav Gupta stepped down. <a href="https://www.business-standard.com/article/companies/zomato-co-founder-gaurav-gupta-quits-as-firm-shuts-grocery-delivery-biz-121091400557_1.html" target="_blank"><strong>READ HERE</strong></a></div>
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			Further, shares of Essel Group companies rallied as Zee Entertainment shareholders sought to revamp the board at an AGM later today. The largest shareholder of Zee Entertainment Enterprises, Invesco Developing Markets Fund and OFI Global China Fund llC have called an extra-ordinary general meeting of shareholders seeking to remove Punit Goenka, currently MD of the company. <a href="https://www.business-standard.com/article/companies/invesco-seeks-egm-to-remove-punit-goenka-from-zee-entertainment-board-121091301555_1.html" target="_blank"><strong>READ HERE</strong></a></div>
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			Zee Entertainment posted its biggest one-day gain as it ended 39.99 per cent higher at Rs 261.50. Other group stocks - Zee Learn up 20 per cent and Zee Media up 5 per cent - also rallied.</div>
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			Thanks to the surge in Zee Entertainment, Nifty Media index emerged to be the best performing sector on NSE today, with a gain of over 14 per cent. Nifty Private Bank, IT and Auto were among top sectoral performers. Nifty Metal declined the most, down 0.5 per cent.&nbsp;</div>
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			Meanwhile, in the primary market, the IPO by Sansera Engineering was subscribed nearly 50 per cent on the first day of its bidding process, with retail investors quota subscribed the most so far.&nbsp;&nbsp;</div>
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Sensex ends 235 pts off day's high, up 69 pts; ZEEL surges 40% ahead of AGM

Business Standard

Sensex ends 235 pts off day's high, up 69 pts; ZEEL surges 40% ahead of AGM | News on Markets - Business Standard

NEW LISTING :: Vijaya Diagnostic extends gains after listing at 2% premium

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LISTING ALERT :: Ami Organics lists at 49% premium over issue price on NSE

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Nifty FMCG only sectoral index in the red

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Allcargo Logistics falls as company has dropped plans to delist shares

&gt;&gt; The company decided to drop plans to delist shares after public shareholders voted against the offer to take the company private<br />
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Avenue Supermarts up after D-Mart opens new store at Faridabad, Haryana

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	&gt;&gt; This is the second story operated by D-Mart in Delhi-NCR</div>
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	&gt;&gt; Avenue Supermarts Ltd, which owns and operates D-Mart, has opened a 94,000 sq. ft. store at BPTP Parklands, Faridabad<br />
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Essel Group stocks witness frenzied buying; Zee Entertainment zooms 15%

Shares of Zee Entertainment were locked at the 15 per cent upper circuit at Rs 215 on the BSE on Tuesday at 09:25 am after Invesco Developing Markets Fund and OFI Global China Fund Llc, which own a combined 17.9 per cent stake in the company, called for an extra-ordinary shareholders&#39; meet to remove Punit Goenka (promoter group) as director along with removal of two other directors Manish Chokhani and Ashok Kurien, who resigned yesterday. They have also sought appointment of six independent directors.&nbsp; <a href="https://www.business-standard.com/article/markets/zee-entertainment-surges-15-as-top-investor-seeks-removal-of-directors-121091400204_1.html?1631592649" target="_blank"><strong>READ MORE</strong></a><br />
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	<img align="" alt="Zee logo" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2019-08/01/full/1564664411-4383.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="Zee logo" width="620" /></div>
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HCL Technologies up over 1.5% after it signed pact with South Korean company HANCOM for tech solutions

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Zee Entertainment zooms after shareholders call EGM seeking removal of Punit Goenka from board

&gt;&gt; Manish Chokhani and Ashok Kurien have resigned from the position of non-executive non-independent directors of the company with immediate effect<br />
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Sector Watch :: All sectoral indices in green; Nifty Media top gainer

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Broader markets gain; Nifty Midcap 100 rises 0.72% in early trade

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Sensex Heatmap :: Top gainers & losers at opening ticks

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	&gt;&gt; TOP GAINERS: IndusInd Bank, Axis Bank, Dr Reddy&#39;s Lab</div>
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	&gt;&gt; TOP LOSERS: UltraTech Cement, Power Grid, Infosys, Bharti Airtel<br />
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FIRST TRADE :: Nifty up 0.3%; above 17,400 level

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OPENING BELL :: Sensex opens 182 points higher

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Sensex Heatmap :: Top gainers & losers in pre-open trade

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