Share market update: Media shares decline; Zee Media slips 5%
NEW DELHI: Media shares were trading with losses in Wednesday’s afternoon session.
Shares of Zee Media Corporation Ltd (down 4.65 per cent) , Music BroadcastNSE 1.75 % (down 2.98 per cent) , Jagran PrakashanNSE -3.36 % (down 2.16 per cent) , TV Today Network (down 1.7 per cent) , PVR (down 0.83 per cent) , Hathway Cable & Datacom (down 0.5 per cent) and DB Corp (down 0.37 per cent) were the top losers in the index.
The Nifty Media index was trading 0.53 per cent down at 1732.15 around 11:47 am.
Benchmark NSE Nifty50 index was up 8.80 points at 11865.6 , while the BSE Sensex was up 34.08 points at 40273.96 .
Among the 50 stocks in the Nifty index, 23 were trading in the green, while 27 were in the red.