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Zee Entertainment Enterprises (ZEEL) gained 2.93% to Rs 260.10, extending gains for the third consecutive trading session.

The domestic equity indices were hovering near the days low in afternoon trade. Negative global cues triggered profit selling in domestic shares following recent steep gains. The Nifty 50 index jumped 3.31% in the past eight trading sessions. The recent resurgence in the US dollar index also spooked investors. The US Dollar index surged to a one-month high of 107.60 today. At 13:25 IST, the […]

IIFL Wealth Management announced that Manoj Shenoy resigned as Whole Time Director and Chief Executive Officer (CEO) of IIFL Asset Management (IIFL AMC) with effect from 18 August 2022. Further, Karan Bhagat, Co-Promoter and Managing Director of IIFL Wealth Management (Sponsor) is appointed as the Non-Executive Director of IIFL AMC effective from 19 August 2022.Powered by Capital Market – Live News

On 18 August 2022

Zee Entertainment Enterprises Ltd is quoting at Rs 257.9, up 2.06% on the day as on 12:49 IST on the NSE. The stock is up 51.31% in last one year as compared to a 8.07% jump in NIFTY and a 28.93% jump in the Nifty IT index.

Havells India announced that the book value of the assets affected due to the fire incident at its Neemrana plant is around Rs. 150 crore and it is fully insured.Powered by Capital Market – Live News

At meeting held on 19 August 2022

Further, the short-term rating has been upgraded to ‘ACUITE A2’ from the existing ‘ACUITE A4+’.

According to a report released by NZ Stats, in July 2022, New Zealands goods exports rose $900 million (16 percent) to $6.7 billion. Goods imports rose $1.6 billion (26 percent) to $7.8 billion. The monthly trade balance was a deficit of $1.1 billion. Annual goods exports were valued at $68.3 billion, up $7.1 billion (12 percent) from the previous year. Annual goods imports were valued […]

Analysts at IIFL Capital Services cut their FY23/24 PAT estimates for upstream and downstream companies by 2-13%/4-15% respectively, to reflect Q1 performance, additional duties and auto fuel losses. The CGDs offer good growth visibility. If the weakness in oil and product cracks holds, OMCs could benefit.