Nifty Media falls 1%; TV18 Broadcast, DB Corp emerge as top laggards

Inox Leisure and Dish TV lost around 1% down and ZEEL dropped over 0.8%.

Jun 11, 2021 01:06 IST India Infoline News Service

Bear Versus Bull Silhouette
Nifty Media was under pressure despite a broader bullish markets on Friday. At around 1.40 pm, Nifty Media was trading at 1,880.35 down 19.75 points or 1.04%, after touching a high of 1,927.25 and low of 1,874.65 during intraday trade.

BSE Sensex was trading at 52,476.91 up 176.44 points or 0.34% and Nifty50 at 15,781.50 up 43.75 points or 0.28%.

TV18 Broadcast which rose nearly 15% on Thursday was under heavy pressure. It tumbled more than 3%. DB Corp also after gaining ~7% on Thursday weghed down today and plunged more than 2.5%. Inox Leisure also slipped by 1% at Rs327.00 per piece.

Dish TV was alos nearly 1% down and ZEEL dropped over 0.8%. 

PVR, Network18 and TV Today were also under pressure. Jagran Prakashan  gained 0.16% while Sun TV was also marginally higher.

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