Changes have been made in several indices, including Nifty 500, Nifty 200, Nifty 100 and Nifty Midcap 150
Bharti Infratel and Zee Entertainment Enterprises will be dropped from the Nifty 50, NSE Indices said in a statement
Emkay Global believes multiple re-rating of the stock will happen along with the changes in Q1 and consistency in balance sheet improvement
The stock may see a further re-rating if the firm sticks to its pledge on free cash flow and corporate governance
All that happened in the markets today
Zee Entertainment Enterprise Ltd has reported a consolidated net profit of Rs 29.28 crore for the first quarter ended on June, 2020
Its operating profit fell 67 per cent on weak revenues, investments
All that happened in the markets today
The broadcaster sent teams to engage with audiences for its regional language programming
More than 200 companies, including PNB, Zee Entertainment, CSB Bank, and Muthoot Finance are scheduled to announce their June quarter earnings this week
The Nifty50 broad-based index is reviewed twice a year based on six-month data ending January 31 and July 31.
During the March 2020 quarter, its operational cost went up by 47.69 per cent to Rs 1,304.62 crore as against Rs 883.32 crore
Balance amount was paid by Zee Entertainment Enterprises
IGL has tested the major support zone of the long-term moving average (200 EMA) on the daily chart of late
Interestingly, all the 50 Nifty components have delivered positive gains during this period.
The bank's move to pick up a stake in Dish TV comes following an invocation of pledged shares to the tune of 445.3 mn in the firm, the lender said in a filing to the stock exchanges late on Friday.
Mutual fund manager appoints legal counsel, says it is considering ways to maximise recovery value
The Rs 20-trillion stimulus package announced by the prime minister on Tuesday evening should help improve the fortunes of India Inc and these sectors
On Wednesday, Florida Retirement System (FRS) acquired 5.11 million equity shares, representing 0.53 per cent of the total paid up equity of the ZEE, on the NSE
The stock ended the day at Rs 137 on the BSE, down 8.57 per cent. But investors remained nervous about the fund infusion despite the company management saying it would boost its digital business