Quick Wrap: Nifty Media Index declines 1.27%

Nifty Media index ended down 1.27% at 1701.5 today. The index is up 2.00% over last one month. Among the constituents, Saregama India Ltd slipped 3.44%, Zee Entertainment Enterprises Ltd fell 2.49% and Dish TV India Ltd dropped 2.05%. The Nifty Media index is down 17.00% over last one year compared to the 5.32% surge in benchmark Nifty 50 index. In other indices, Nifty IT index is down 0.83% and Nifty PSE index has slid 0.75% on the day. In broad markets, the Nifty 50 has declined 0.17% to close at 24812.05 while the SENSEX is down 0.17% to close at 81444.66 today.

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