NDTV shares climb 5%; hit upper circuit limit

Shares of NDTV jumped 5 per cent to hit their highest trading permissible limit for the day on Wednesday after Adani group launched a bid to take over the media company.

The stock climbed 5 per cent to Rs 384.50 — its upper circuit limit as well as 52-week high — on the BSE after begining the trade on a positive note.

At the NSE, it jumped 4.99 per cent to Rs 388.20 — its upper circuit limit as also the one-year peak.

The 30-share BSE Sensex was trading 70.29 points lower at 58,961.01 points.