Share market update: Media shares mixed; Zee Media surges over 8%

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

Shares of Zee Media Corporation (up 8.60 per cent), Zee Entertainment Enterprises (up 4.50 per cent), Inox Leisure (up 3.03 per cent) and DB Corp (up 0.78 per cent) were trading with gains.

Sun TV Network (down 2.80 per cent), TV18 Broadcast (down 1.49 per cent), Network 18 Media & Investments (down 1.33 per cent) and Eros International Media (down 1.13 per cent) were trading with losses.


The Nifty Media index was trading 0.95 per cent up at 2381.05 around 02:16 pm.

Benchmark NSE Nifty50 index was up 36.20 points at 11,630.65 while the BSE Sensex was up 117.63 points at 38,762.81.

Among the 50 stocks in the Nifty index, 30 were trading in the green, while 19 were in the red.

Shares of YES Bank, Vodafone Idea, Ashok Leyland, SAIL, Tata Motors, Bank of Baroda, Indiabulls Housing Finance, SBI, Bharti Airtel, Zee Ent., GAIL, DLF, RIL, Indian Oil Corp and ICICI Bank were among the most traded shares on the NSE.