Promoters pledge more shares in ZEEL, JSW Steel

Shares of Zee Entertainment Enterprises (ZEEL) and JSW Holdings may remain in focus as their promoters have pledged additional shares with financiers. Cyqurator Media Services has pledged 24 lakh ZEEL shares, hiking its total pledged quantity to 15.56 crore shares. JSW Steel also pledged 24 lakh shares. Pledging of shares by promoters poses high risk, as financiers press for margin money if prices fall more than expected.