Share market update: Media shares down; Dish TV dips over 3%

NEW DELHI: Media shares were trading in the negative zone in Tuesday's afternoon session.

Shares of Network 18 Media & Investments (down 3.56 per cent), Dish TV India (down 3.27 per cent), TV Today Network (down 2.37 per cent) and Eros International Media (down 2.33 per cent) were the worst performers in the index.

Den Networks (down 2.16 per cent), Zee Entertainment Enterprises (down 2.15 per cent), Zee Media Corporation (down 1.85 per cent) and Sun TV Network (down 1.77 per cent) too were trading with losses.

The Nifty Media index was trading 1.46 per cent down at 2194.10 around 12:28 pm.

Benchmark NSE Nifty50 index was up 8.65 points at 11,836.90 while the BSE Sensex was up 61.47 points at 39,414.14.

Among the 50 stocks in the Nifty index, 19 were trading in the green, while 31 were in the red.

Shares of Vodafone Idea, YES Bank, Tata Motors, Bank of Baroda, Adani Enterprises, SBI, Ashok Leyland, Adani Power, DHFL and PNB were among the most traded shares on the National Stock Exchange.

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