Zee Entertainment cracks 30% in today's session; Nifty Media plunges 16%

Several stocks in Nifty Media hit their 52-week low.

Jan 25, 2019 10:01 IST India Infoline News Service

Shares of Zee Entertainment Enterprises ended ~30% lower on Friday on the NSE.

The stock dragged the Nifty Media index by 16%. Several stocks in the Nifty Media index hit their 52-week low.

Shares of Dish TV also contributed to the fall, declining 37%. Shares of Zee Media and TV Today dropped 11% and 5%, respectively.

Meanwhile, equity benchmark indices ended the day in red on Friday with the Sensex at 36,025. The Nifty also fell 69 points at 10,780, below its key level of 10,800.

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