Quick Wrap: Nifty Media Index declines 1.54%

Nifty Media index ended down 1.54% at 1455.55 today. The index is down 6.00% over last one month. Among the constituents, Sun TV Network Ltd slipped 4.08%, Nazara Technologies Ltd fell 3.72% and PVR Inox Ltd shed 1.36%. The Nifty Media index is down 25.00% over last one year compared to the 11.37% surge in benchmark Nifty 50 index. In other indices, Nifty PSU Bank index is down 0.89% and Nifty Financial Services index increased 0.79% on the day. In broad markets, the Nifty 50 witnessed a rise of 0.54% to close at 26192.15 while the SENSEX added 0.52% to close at 85632.68 today.

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