Zee Entertainment jumps 6% as NSE reincludes stock in F&O segment

The stock of TV broadcasting & software production had dipped 15 per cent in past six trading days between February 17 and February 27.

Shares of Zee Entertainment Enterprises (ZEEL) surged 6 per cent to Rs 194.80 on the National Stock Exchange (NSE) in Tuesday’s intra-day trade after the exchange on Monday announced that it would include the stock back into the futures and options (F&O) segment.

NSE's move comes after the National Company Law Appellate Tribunal (NCLAT) decided to put a stay on the National Company Law Tribunal (NCLT) order admitting insolvency proceeding against ZEEL.

At 09:24 AM; ZEEL quoted 4.4 per cent higher at Rs 191.05, as compared to 0.06 per cent rise in the Nifty 50. A combined 3.8