Quick Wrap: Nifty Media Index declines 2.35%

Nifty Media index ended down 2.35% at 1584.5 today. The index is up 1.00% over last one month. Among the constituents, Zee Entertainment Enterprises Ltd shed 5.39%, Sun TV Network Ltd dropped 4.81% and Tips Music Ltd fell 3.31%. The Nifty Media index is up 3.00% over last one year compared to the 12.30% decline in benchmark Nifty 50 index. In other indices, Nifty FMCG index is down 1.41% and Nifty MNC index has dropped 1.07% on the day. In broad markets, the Nifty 50 has slid 0.54% to close at 22687.65 while the SENSEX has dropped 0.62% to close at 73249.39 today.

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