Quick Wrap: Nifty Media Index falls 2.46%

Nifty Media index ended down 2.46% at 1834.9 today. The index has gained 6.00% over last one month. Among the constituents, Dish TV India Ltd shed 15.00%, Zee Entertainment Enterprises Ltd slipped 5.77% and Network 18 Media & Investments Ltd dropped 2.68%. The Nifty Media index has fallen 28.00% over last one year compared to the 11.03% increase in benchmark Nifty 50 index. In other indices, Nifty PSU Bank index has dropped 1.73% and Nifty Metal index is down 1.18% on the day. In broad markets, the Nifty 50 is down 0.78% to close at 12056.05 while the SENSEX has dropped 0.82% to close at 40793.81 today.

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