Media stocks on a rise; Dish-TV rallies 9pc

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Shares of Media sectors surged on Thursday led by gains in Dish TV, Eros Media, TV18 Broadcast, and Den Net works with significant gains upto 9 percent.

Also, Jagaran Prakashan, sun TV, INOX, Zee Ent, Zee media, TV today and Navneet Education were contributing their minimum gains upto 2%

At 2.40pm, the Nifty Media index quoted 1.45% as compared to 0.4% or 4-points rise in the Nifty at 10,840.75.

On the 50-scrip Nifty, 14 stocks were seeing selling price, while the rest 36 stocks were witnessing buying pressure.

Total 9 secutires on the NSE hit their one-year-high levels, which include, Aavas Financiers Ltd, Hindustan Foods Ltd, ICICI Prudential Life Insurance and Infosys.

On the other hand, over 80 securities on the NSE hit their one-year-low levels, which include, Ashoka Buildcon, Alok Industries,Canara Bank and BC Power Controls Ltd. Get live coverage on markets and Latest stock News from Indian Stock Markets.

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