Quick Wrap: Nifty Media Index gains 2.95%

Nifty Media index ended up 2.95% at 1850.65 today. The index has gained 1.00% over last one month. Among the constituents, Zee Entertainment Enterprises Ltd rose 6.65%, Hathway Cable & Datacom Ltd added 4.90% and Dish TV India Ltd jumped 3.87%. The Nifty Media index has fallen 26.00% over last one year compared to the 11.46% increase in benchmark Nifty 50 index. In other indices, Nifty Metal index has dropped 2.31% and Nifty PSU Bank index has dropped 1.80% on the day. In broad markets, the Nifty 50 has dropped 0.21% to close at 12018.4 while the SENSEX has slid 0.17% to close at 40779.59 today.

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