Quick Wrap: Nifty Media Index gains 4.39%

Nifty Media index ended up 4.39% at 1748.4 today. The index has gained 4.00% over last one month. Among the constituents, Zee Entertainment Enterprises Ltd rose 12.46%, Network 18 Media & Investments Ltd jumped 3.81% and Nazara Technologies Ltd gained 3.52%. The Nifty Media index has fallen 14.00% over last one year compared to the 6.26% increase in benchmark Nifty 50 index. In other indices, Nifty IT index has dropped 1.48% and Nifty Auto index has slid 0.92% on the day. In broad markets, the Nifty 50 has declined 0.56% to close at 24971.9 while the SENSEX has slid 0.62% to close at 81896.79 today.

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