Share market update: Media shares mixed; Eros International slumps 5%
NEW DELHI: Media shares were trading on a mixed note in Monday’s afternoon session.
Shares of Zee Entertainment Enterprises (up 1.88 per cent), Network 18 Media & Investments (up 1.84 per cent), Sun TV Network (up 1.29 per cent) and Dish TV India (up 1.11 per cent) were trading with gains.
Eros International Media (down 4.97 per cent), DB CorpNSE -0.23 % (down 1.72 per cent), Jagran Prakashan (down 1.38 per cent) and Zee Media Corporation (down 0.83 per cent) were trading lower.
The Nifty Media index was trading 0.77 per cent up at 2055.55 around 12:46 pm.
Benchmark NSE Nifty50 index was up 70.10 points at 11,858.95 while the BSE Sensex was up 271.03 points at 39,665.67.
Among the 50 stocks in the Nifty index, 32 were trading in the green, while 18 were in the red.
Shares of YES Bank, NTPC, Vodafone Idea, PNB, Tata Motors, Bank of Baroda, SAIL, NCC, JSPL and Dish TV India were among the most traded shares on the NSE.