Indian shares dropped on Monday as subdued corporate results dampened market sentiment but the losses were curbed by gains in Zee Entertainment Enterprises.
ICICI closed at Rs 344.60 following reports that the CBI transferred the investigating officer in ICICI Bank case as its discreet inquiry suggested his role in leaking information related to searches.
However, Zee Entertainment jumped over 15 per cent to close at Rs 368.50 after reports of a successful meeting with the lenders.
The overall sentiment was damp due to a weak quarterly number by select heavyweight corporates.
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