Quick Wrap: Nifty Media Index rises 1.42%

Nifty Media index closed up 1.42% at 2442.85 today. The index is down 2.00% over last one month. Among the constituents, TV18 Broadcast Ltd added 9.35%, Network 18 Media & Investments Ltd jumped 5.13% and T.V. Today Network Ltd rose 3.68%. The Nifty Media index is down 27.00% over last one year compared to the 11.33% surge in benchmark Nifty 50 index. In other indices, Nifty FMCG index added 1.27% and Nifty Auto index gained 1.01% on the day. In broad markets, the Nifty 50 recorded a gain of 0.40% to close at 11643.45 while the SENSEX recorded a gain of 0.41% to close at 38767.11 today.

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