Share market update: Media shares mixed; Den Networks climbs 4%

NEW DELHI: Media shares were trading on a mixed note in Wednesday's afternoon session.

Shares of Den Networks (up 3.94 per cent), Zee Entertainment Enterprises (up 3.23 per cent), Dish TV India (up 2.28 per cent) and Zee Media Corporation (up 2.16 per cent) were the top performers in the index.

Network 18 Media & Investments (down 2.39 per cent), DB Corp (down 1.48 per cent), Sun TV Network (down 1.22 per cent) and TV18 Broadcast (down 1.14 per cent) were trading lower.


The Nifty Media index was trading 1 per cent up at 2083.05 around 12:06 pm.

Benchmark NSE Nifty50 index was down 79.30 points at 11,251.75 while the BSE Sensex was down 209.37 points at 37,773.37.

Among the 50 stocks in the Nifty index, 10 were trading in the green, while 40 were in the red.

Shares of Vodafone Idea, YES Bank, Indian Oil Corp, Ashok Leyland, M&M Financial, SAIL, Dish TV India, PNB, IDFC First Bank and GMR Infra were among the most traded shares on the NSE.