QUICK WRAP: NIFTY MEDIA INDEX REGISTERS A DROP OF 3.57%

Nifty Media index closed down 3.57% at 2009.65 today. The index has lost 2.00% over last one month. Among the constituents, Zee Entertainment Enterprises Ltd fell 8.43%, Hathway Cable & Datacom Ltd dropped 7.35% and Network 18 Media & Investments Ltd shed 4.19%. The Nifty Media index has increased 2.00% over last one year compared to the 25.05% spike in benchmark Nifty 50 index. In other indices, Nifty IT index increased 2.22% and Nifty PSE index has dropped 1.37% on the day. In broad markets, the Nifty 50 increased 0.76% to close at 24800.85 while the SENSEX witnessed a rise of 0.78% to close at 81343.46 today.

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