In the Nifty pack, 27 stocks were trading in the green, while 22 stocks were trading in the red.

The index was trading 1.72 per cent down at 1576.4.

However, M&M, Axis Bank, Bharti Infratel, Bajaj Finance and ICICI Bank were among the top losers.

The Nifty Media index was trading 10.41 per cent down at 1302.95.

ICICI Securities has maintained hold rating on Akzo Nobel India with a target price of Rs 2,050.

Overall, 38 shares were trading in the green in Nifty50 index, while 12 were trading in the red.

Stocks have seen a sharp increase in their target price in the last 30 days.

The Nifty Media index was trading 1.33 per cent down at 1889.10 around 12:17 pm.

The Nifty Media index was trading 0.57 per cent down at 2284.85 around 12:40 pm.

The Nifty Media index was trading 0.26 per cent up at 2434.35 around 02:50 pm.

Located in the heart of the city, it is the perfect destination for professionals to set up their new office.

The new entity will be named Mercury-An EbixCash Luxury initiative and will focus on the luxury, events and sports related traveller.

"Quess Corp Ltd...has completed acquisition of 45 per cent equity stake in Simpliance Technologies Pvt Ltd on December 14," the company sai...

The trading curbs imposed on the firm, which figures among 331 'suspected shell companies' under Sebi's scanner, have also been removed.

The new IMAX theatres, which are planned to be located in Delhi and other major metropolitan markets, will comprise a combination of new an...

US-based Starwood Hotels and Resorts has signed a management contract for a five-star hotel in Mahabaleshwar to be branded as Le Meridien.

Delta Corp has increased stake in Daman Hospitality to 87.16 per cent through conversion of fully convertible debentures.