At 1.30 pm on Thursday, the core equity indices i.e, Sensex and Nifty 50 were trading on the lower side, as the US markets fell on Wednesday by more than 1 per cent. The gold prices rose by 3 per cent, whereas crude oil was trading at USD 121.9 per barrel, up by 0.25 per cent. 

However, as the saying goes, ‘every bad day has an end’, the same is turning true for this stock since it jumped more than 10 per cent on a day when the markets are trading in red!

Shares of Zee Entertainment, Ahluwalia Contracts and Future Supply Chain Solutions have rallied in today’s trading session. 

While markets opened above the previous close, as of noon, BSE Sensex was trading lower by 0.46 per cent.  

Zee Entertainment hits the roof, gains over 18 per cent 

Zee Entertainment Enterprises is mainly in the following businesses: Broadcasting of Satellite Television Channels, Space Selling agent for other satellite television channels, and Sale of Media Content. The share has rallied more than 18 per cent in the first half of today's trading session after Invesco drops EGM demand. Invesco, which along with OFI Global China Fund holds a 17.88 per cent stake in Zee Entertainment, however, said if the merger with Sony Pictures Networks India Pvt is not completed as currently proposed, it retains the right to requisition a fresh EGM. 

Bhatia Colour Chem Limited became the 365th company to get listed on the BSE SME Platform on March 24, 2022. Bhatia Colour Chem Limited came out with an initial public offering of 50,00,000 equity shares of Rs 10 each for cash at a price of Rs. 80 per equity share aggregating to Rs. 40 crore. The company has successfully completed its public issue on March 16, 2022.

The volatile commodity price is a concern to a market that is also dealing with record global inflation and the impact of an ongoing war in Ukraine. Buyers outnumbered sellers on the BSE, 1695 shares rose and 1,551 shares fell. A total of 136 shares were unchanged. Metal shares advanced for the sixth day in a row. The FII bought shares worth Rs 481.33 crore and the DII sold shares worth Rs 294.23 crore on March 23. 

List of the stocks where sell positions are being covered in the F&O segment.

Following are the stocks where profit booking is seen taking place in the F&O segment.

On Thursday morning the markets opened marginally lower, owing to weaker global cues. 

Crude oil price decreased slightly and was trading at USD 120 per dollar, whereas Gold prices also increased by 3 per cent. The Nasdaq was down by 1.32 per cent at market close on Wednesday, whereas the Asian markets also mimicked the weaker sentiments and were trading 0.50 per cent lower 

Zee Entertainment Enterprises rallied 10 per cent in today’s pre-opening session. Global Media & Entertainment conglomerate recovered during Wednesday’s session as Invesco has decided to withdraw its demand for an EGM as the merger with Sony is in the benefit of the shareholders. 

Before investing in mutual funds, most consumers look just at the returns and ratings. However, there are other factors to consider, which we have addressed in this article.