Shares of Zee Entertainment Enterprises Ltd (ZEEL) surged over 7 percent on Tuesday after Punit Goenka stepped down as Managing Director while continuing as the company’s Chief Executive Officer (CEO).In a regulatory filing, the company stated, "The Board has accepted the resignation of Punit Goenka as Managing Director of the company and appointed him as CEO." This move is aimed at allowing Goe...

Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, and appointments, here’s a quick look at which stocks will be in focus in today's trade:Western Carriers, GTPL Hathway, Kretto Syscon, Lotus Chocolate, Rhetan TMT, and Vivid Mercantile will release their quarterly earnings scorecard on October 9.Phoenix MillsThe company recor...

Wockhardt shares gained in the October 7 trade after its antibiotics for urinary tract infections were granted “fast track designation” by the US Food and Drug Administration (FDA).WCK 6777  also completed the Phase I study conducted by the National Institutes of Health, US, it said.At around noon, the stock was trading at Rs 974 on the National Stock Exchange, up 0.88 percent from the previo...

Reliance Industries Ltd's shares have given a reversal breakout after correction in falling channel. On May 24, Reliance's shares gained over 0.29 percent to trade above Rs 2,963.55."The stock seems to have completed the correction in the falling channel," said Jay Thakkar, Head of Derivatives and Quant Research at ICICI Securities.He recommends taking a bull call spread strategy on Reliance scrip...

Bank of Baroda Ltd shares have found support at the 20-day Exponential Moving Average (EMA) of 256 on weekly charts for two consecutive weeks, showing signs of reversal. On May 22, during morning trade, Bank of Baroda shares were up over 0.43 percent, surpassing Rs 266.On the daily charts, the stock price consolidated throughout the previous week in the range of 259-264. The price action on Monday...