Share market update: Media shares advance; ZEEL up 3%
NEW DELHI: Media shares were trading with gains in Friday’s afternoon session.
Shares of Zee Entertainment Enterprises (up 3.17 per cent), UFO Moviez India (up 3.09 per cent), Sun TV NetworkNSE 0.46 % (up 1.94 per cent) and Eros International Media (up 1.84 per cent) were the top performers in the index.
Dish TV India (up 0.91 per cent), PVR (up 0.80 per cent), Den Networks (up 0.67 per cent) and TV Today NetworkNSE -0.27 % (up 0.67 per cent) too were trading with gains.
The Nifty Media index was trading 1.98 per cent up at 2541 around 01:00 pm.
Benchmark NSE Nifty50 index was up 97.30 points at 11,440.55 while the BSE Sensex was up 317.42 points at 38072.31.
Among the 50 stocks in the Nifty index, 32 were trading in the green, while 17 were in the red.
Shares of YES Bank, SAIL, SBI, Ashok Leyland, ICICI Bank, Bank of Baroda, Zee Entertainment, Indian Oil Corp, Kotak Bank, Vodafone Idea, Coal India, NTPC, DLF, Infosys and Tata Motors were among the most traded shares on the NSE.