Share Market Pre Open Updates – August 28, 2024

At the close of the trading session on August 27, 2024, Nifty 50 was up 0.03% and Sensex was up 0.02% to close at 25,017 and 81,711, respectively.

Top Gainers and Losers

On the sectoral front, Nifty Media, Nifty Financial Services 25/50, Nifty Pharma and Nifty Mid-small Healthcare saw gains. On the other hand, Nifty FMCG and Nifty Consumer Durables declined. 

Bajaj Finserv, SBI Life, Maruti and HDFC Life were the top gainers. JSW Steel, Titan, Hindustan Unilever and Grasim were the top losers.

Stocks In The News

Now, let’s look at the stocks trending in the news.

1. Zee Entertainment 

Zee Entertainment settled all merger-related disputes with Sony Group, including claims for a $90 million termination fee, damages, and litigation costs. Pos this news, Zee Entertainment rose around 14.5% and closed 11.61% higher at ₹150.

2. JSW Energy

A subsidiary of JSW Energy, JSW Neo Energy, secured a 200 MW wind-solar hybrid power project from Maharashtra State Electricity Distribution Co. After this news, the stock rose around 2% to close at ₹729.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.