Business News | Equity Indices Drop Amid Volatility, Zee Entertainment Up 32 Pc

Get latest articles and stories on Business at LatestLY. Equity indices closed in the negative terrain on Wednesday as traders navigated cautiously while assessing the impact of struggling Chinese developer Evergrande Group on India.

Agency News ANI|
Business News | Equity Indices Drop Amid Volatility, Zee Entertainment Up 32 Pc
Zee Entertainment jumped 32 pc cent on Wednesday to Rs 337.10 per share

Mumbai (Maharashtra) [India], Sep 22 (ANI): Equity indices closed in the negative terrain on Wednesday as traders navigated cautiously while assessing the impact of struggling Chinese developer Evergrande Group on India.

At the closing bell, the BSE S&P Sensex was down by 78 points or 0.13 per cent at 58,927 while the Nifty 50 lowered by 15 points or 0.09 per cent to 17,547.

Also Read | Seychelles Tourism: From Hopping the Islands to Ziplining and Rock Climbing, 5 Reasons Why It’s on Every an Adventure Lover's Bucket List.

Sectoral indices were mixed with Nifty media advancing by 14 per cent and realty by 8.4 per cent. But Nifty financial service and private bank were in the red.

Among stocks, Zee Entertainment jumped 32 per cent to Rs 337.10 per share after the merger deal with Sony Pictures India.

Also Read | Odisha Shocker: Woman Kills Husband, Hides Body at Home for Two Days; Detained.

Tech Mahindra was up by 3.6 per cent, HCL Technologies by 1.3 per cent, Hindalco by 2.7 per cent, Tata Motors by 2.7 per cent and Reliance Industries by 1 per cent.

However, Nestle India, Hindustan Unilever, Axis Bank, ICICI Bank and Kotak Mahindra Bank traded with a negative bias.

Meanwhile, Asian markets were mixed. Japan's Nikkei was down 0.67 per cent while Hong Kong shares climbed 0.51 per cent. South Korea's Kospi too was up by 0.33 per cent. (ANI)

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)

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Business News | Equity Indices Drop Amid Volatility, Zee Entertainment Up 32 Pc

Get latest articles and stories on Business at LatestLY. Equity indices closed in the negative terrain on Wednesday as traders navigated cautiously while assessing the impact of struggling Chinese developer Evergrande Group on India.

Agency News ANI|
Business News | Equity Indices Drop Amid Volatility, Zee Entertainment Up 32 Pc
Zee Entertainment jumped 32 pc cent on Wednesday to Rs 337.10 per share

Mumbai (Maharashtra) [India], Sep 22 (ANI): Equity indices closed in the negative terrain on Wednesday as traders navigated cautiously while assessing the impact of struggling Chinese developer Evergrande Group on India.

At the closing bell, the BSE S&P Sensex was down by 78 points or 0.13 per cent at 58,927 while the Nifty 50 lowered by 15 points or 0.09 per cent to 17,547.

Also Read | Seychelles Tourism: From Hopping the Islands to Ziplining and Rock Climbing, 5 Reasons Why It’s on Every an Adventure Lover's Bucket List.

Sectoral indices were mixed with Nifty media advancing by 14 per cent and realty by 8.4 per cent. But Nifty financial service and private bank were in the red.

Among stocks, Zee Entertainment jumped 32 per cent to Rs 337.10 per share after the merger deal with Sony Pictures India.

Also Read | Odisha Shocker: Woman Kills Husband, Hides Body at Home for Two Days; Detained.

Tech Mahindra was up by 3.6 per cent, HCL Technologies by 1.3 per cent, Hindalco by 2.7 per cent, Tata Motors by 2.7 per cent and Reliance Industries by 1 per cent.

However, Nestle India, Hindustan Unilever, Axis Bank, ICICI Bank and Kotak Mahindra Bank traded with a negative bias.

Meanwhile, Asian markets were mixed. Japan's Nikkei was down 0.67 per cent while Hong Kong shares climbed 0.51 per cent. South Korea's Kospi too was up by 0.33 per cent. (ANI)

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)

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