media stocks: Stock market update: Media stocks slip; Zee Entertainment down 3%

NEW DELHI: Media stocks were trading lower at 03:00PM (IST) on Tuesday.

Shares of Zee Entertainment (down 2.72 per cent), DB Corp (down 2.28 per cent), TV18 Broadcast (down 0.5 per cent), Hathway Cable & Datacom (down 0.33 per cent) and Sun TV Network (down 0.18 per cent) were the top losers in the index.

While TV Today Network (up 2.14 per cent), Jagran Prakashan (up 1.84 per cent), Network 18 Fincap (up 1.66 per cent), Navneet Education Ltd (up 0.84 per cent) and PVR (up 0.58 per cent) were among the top gainers.

The Nifty Media index was trading 0.59 per cent down at 1671.9 around 03:00PM.

Benchmark NSE Nifty50 index was down 1.50 points at 15313.2, while the BSE Sensex was down 50.12 points at 52104.01.

Among the 50 stocks in the Nifty index, 24 were trading in the green, while 26 were in the red.

Shares of Vodafone Idea, Central Bank India, PNB, IOB and SBI were among the most traded shares on the NSE.

Shares of Bank of India, Bank of Maharashtra, Adani Gas, Graphite India and Adani Trans hit their fresh 52week high in today’s trade, while Vera Synthetic Ltd., Sanwaria Consumer Ltd., We Win Ltd. and Jiya Eco Products Ltd. hit fresh 52week low in trade.



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