Quick Wrap: Nifty Media Index falls 2.74%

Nifty Media index ended down 2.74% at 2234.95 today. The index has slipped 8.00% over last one month. Among the constituents, Dish TV India Ltd shed 9.57%, Zee Entertainment Enterprises Ltd slipped 4.80% and Zee Media Corporation Ltd dropped 3.56%. The Nifty Media index has fallen 34.00% over last one year compared to the 7.30% increase in benchmark Nifty 50 index. In other indices, Nifty PSU Bank index has dropped 2.20% and Nifty Energy index is down 1.65% on the day. In broad markets, the Nifty 50 is down 0.87% to close at 11497.9 while the SENSEX has dropped 0.84% to close at 38276.63 today.

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