The Nifty Media index slipped over 1% led by Dish TV
, Eros International Media
, Zee and Network 18.
Shares of Dish TV and Eros Media, which dropped 5% each were leading the index’s fall. Zee
shares slipped 4% and are among top losers on the Nifty50 index in today’s trade.
Sun TV, Hathway, TV18 Broadcast and Network 18 fell 1-2% respectively.
Shares of Den Network, Navneet Education and Inox Leisure were trading flat.
On the other hand, Jagran
, Zee Media, PVR
, DB Corp and TV Today were up 1-2%.
Meanwhile, equity benchmark indices were trading volatile in Tuesday’s session amid weak global cues. The Sensex
was trading 64 points higher at 39,187, the Nifty
rose 18 points at 11,712 levels.