Quick Wrap: Nifty Media Index falls 3.74%

Nifty Media index ended down 3.74% at 2068.7 today. The index has slipped 15.00% over last one month. Among the constituents, Zee Media Corporation Ltd shed 11.99%, Dish TV India Ltd dropped 9.43% and Zee Entertainment Enterprises Ltd slipped 6.92%. The Nifty Media index has fallen 37.00% over last one year compared to the 3.29% increase in benchmark Nifty 50 index. In other indices, Nifty Metal index has dropped 2.10% and Nifty PSU Bank index has dropped 1.79% on the day. In broad markets, the Nifty 50 has slid 0.58% to close at 11157 while the SENSEX has dropped 0.55% to close at 37114.88 today.

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