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SENSEX rises 300 pts in early trade, NIFTY50 tops 24,000; ZEEL jumps 7.5%

Upstox
By Upstox News Desk

2 min read | Updated on November 29, 2024, 10:01 IST

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SUMMARY

At 9:31 AM, the S&P BSE SENSEX was trading at 79,360.44 levels, up 317 points, or 0.4%, while the NSE's NIFTY50 index was trading at 24,018.25, up 104 points, or 0.44%.

Stock list

ZEEL
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NEWGEN
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NCC
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Shares of ZEE Entertainment Enterprises (ZEEL) jumped as much as 7.5% on the NSE as shareholders of Zee Entertainment rejected a proposal for the reappointment of Punit Goenka as director, according to a regulatory filing by the company.

Shares of ZEE Entertainment Enterprises (ZEEL) jumped as much as 7.5% on the NSE as shareholders of Zee Entertainment rejected a proposal for the reappointment of Punit Goenka as director, according to a regulatory filing by the company.

Stock market today: The domestic equity market saw a decent start to trading on Friday, November 29, amid healthy buying in almost all sectors.

At 9:31 AM, the S&P BSE SENSEX was trading at 79,360.44 levels, up 317 points, or 0.4%, while the NSE's NIFTY50 index was trading at 24,018.25, up 104 points, or 0.44%.

The top five gainers of the NIFTY50 index were Cipla, Dr Reddy's, Sun Pharma, M&M, and Adani Ports. The top losers were Power Grid Corporation, Shriram Finance, Coal India, ITC, and Tech Mahindra Ltd.

Buzzing Stocks

Shares of ZEE Entertainment Enterprises (ZEEL) jumped as much as 7.5% on the NSE as shareholders of Zee Entertainment rejected a proposal for the reappointment of Punit Goenka as director, according to a regulatory filing by the company.

Resolution number three in the AGM, which proposed the reappointment of Goenka as director, was supported by only 49.54% of the total votes cast, while 50.4% voted against the resolution.

Shares of NCC, the public sector undertaking (PSU) in the construction and infrastructure space, rallied up to 4.96% in the opening deals on Friday, November 29, a day after the firm received a letter of acceptance (LoA) dated November 28, 2024, from the Ken-Betwa Link Project Authority.

The LoA is regarding the selection of the company as the successful bidder for the EPC execution of the Daudhan Dam under the Ken-Betwa Link Project.

The total price for the contract shall be ₹3,389.49 crore (excluding GST).

Sectorally, utilities and healthcare stocks were the top gainers on the BSE. The BSE Utilities index was trading 1.56% higher at 5,795.15 levels.

Broader Market

The BSE MidCap index was trading at 46,108.98 levels, up 179 points, or 0.39%, while the BSE SmallCap index was trading 190 points, or 0.35%, higher at 54,972.69 levels. 

About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

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