Nifty Media stocks under pressure; PVR, ZEEL, Sun TV emerge top laggards

Hathway skyrocketed 7.5% to emerge the lone bull amidst the sectorial bears. TV Today also gained over 1%.

Mar 09, 2021 02:03 IST India Infoline News Service

Bear Versus Bull Silhouette
Nifty Media stocks were under pressure during Tuesday’s trade. The Index shed 2%. PVR tanked over 3% while ZEEL and Sun TV also declined over 2%.

Hathway skyrocketed 7.5% to emerge the lone bull amidst the sectorial bears. TV Today also gained over 1%.

At around 1.45 pm, Nifty Media was trading at 1,718.35 -down 31.35 or 1.79%, touching a low of 1,710.70 and high of 1,766.65 during intraday trade on Tuesday.

PVR was trading at Rs1,407.50 per piece or 3.07% down. ZEEL declined 2.22% at Rs219.80 per piece. Sun TV dropped 2.19% at Rs491.00 per piece. Jagran shed 1.91% at Rs56.45 per piece. 

Dish TV, TV18 Broadcast and DB Corp also shed over 1% while Inox Leisure was 0.58% down.

Hathway was trading at Rs32.90 per piece, up 5.96% while TV Today gained 1.51% at Rs272.55 per piece to give some solace to the sector. 

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