Film and media stocks rise on single-window clearance boost

Image
Capital Market
Last Updated : Feb 01 2019 | 12:50 PM IST

Film and media sector sector stocks advanced at 12:21 IST on BSE after Piyush Goyal announced single window clearance for filmmaking to Indian filmmakers.

Mukta Arts (up 9.89%), Inox Leisure (up 2.34%), Eros International Media (up 1.42%), Balaji Telefilms (up 1.38%) and Zee Entertainment Enterprises (up 1.08%), edged higher. PVR was down 0.11%.

The S&P BSE Sensex was up 196.67 points, or 0.54% at 36,453.36.

Single window clearance for ease of shooting films will be made for Indians filmmakers, which was only available for foreigners earlier. Anti-camcording provision will be introduced to Cinematography Act to fight piracy, Finance Minister Piyush Goyal said in the interim budget 2019-20.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 01 2019 | 12:20 PM IST

Next Story