Share market update: Media shares decline; Zee Media dips nearly 2%

NEW DELHI: Media shares were trading in the red in Friday's afternoon session.

Shares of Network 18 Fincap (down 2.48 per cent) , Zee Media Corporation Ltd (down 1.68 per cent) , TV Today Network (down 1.29 per cent) , Dish TV India (down 1.18 per cent) , Balaji Telefilms (down 0.95 per cent) , Inox Leisure (down 0.59 per cent) , Saregama India (down 0.45 per cent) , Zee Entertainment (down 0.27 per cent) , Sun TV Network (down 0.24 per cent) and TV18 Broadcast (down 0.18 per cent) were the top losers in the index.

The Nifty Media index was trading 0.35 per cent down at 1856.9 around 11:46 am.


Benchmark NSE Nifty50 index was down 6.55 points at 12348.95 , while the BSE Sensex was up 1.76 points at 41934.32 .

Among the 50 stocks in the Nifty index, 17 were trading in the green, while 33 were in the red.

Shares of Vodafone Idea, YES Bank, SBI, Bharti Airtel, IDFC First Bank Ltd., Bharti Infratel, PNB, SAIL, Bank of Baroda and NBCC were among the most traded shares on the NSE.