Zee Telefilms stands tall amid the ruins

DALAL STREET SPIKES

Media major, Zee Telefilms was the only gainer among the Sensex stocks with the stock gaining 14.7 per cent in intra day to touch Rs 117. The stock finally closed at Rs 120.65 up 6.44 per cent from its previous close.

The counter witnessed volumes of more than 13.27 lakh shares at the BSE. ZEE was the top gainer at both the exchanges.

Market analysts said, the stock was up on renewed buying by selected funds in today's trading.

A BSE brokers said, while there was selling pressure across the board with A group and B2 stocks hitting lower circuit, Zee gained over 10 per cent on back of strong volumes.

Upper/lower circuit filters on individual stocks are applied when the stock falls by between 5 per cent, 10 per cent and 20 per cent for the day.