Most European markets were trading on a positive note with FTSE up 0.63 percent at 7,680. CAC was up 0.48 percent at 7,676 while German DAX gained 0.21 percent at 16,978.
Stocks in the news
Zee Entertainment: up 5.75%
The share price of Zee Entertainment jumped over 5 percent amid reports of an emergency arbitration hearing for the abandoned Zee-Sony merger scheduled the next day in Singapore.
Tata Motors: up 2.19%
Tata Motors’ share price gained over 2 percent ahead of its Q3 earnings. In the third quarter, Tata Motors’ Jaguar Land Rover division sold 1,01,000 wholesale units, marking a 27 percent year-on-year increase. This also represents the highest wholesale figure in the past 11 quarters.
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