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Monday, March 1, 2021

Stock market update: Media stocks fall; Hathway Cable sheds 5%

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NEW DELHI: Media stocks were trading lower at 12:58PM (IST) on Monday.

Shares of Hathway Cable & Datacom (down 4.62 per cent), PVR (down 2.55 per cent), DB Corp (down 1.54 per cent), Network 18 Fincap (down 1.51 per cent) and Inox Leisure (down 0.71 per cent) were the top losers in the index.

While TV Today Network (up 5.71 per cent), Dish TV India (up 5.0 per cent), Navneet Education Ltd (up 0.58 per cent), Jagran Prakashan (up 0.51 per cent) and TV18 Broadcast (up 0.17 per cent) were among the top gainers.

The Nifty Media index was trading 0.31 per cent down at 1640.45 around 12:58PM.

Benchmark NSE Nifty50 index was down 10.75 points at 11323.1, while the BSE Sensex was down 23.97 points at 38333.21.

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, Tata Motors (DVR) and Bharti Infratel were among the most traded shares on the NSE.

Shares of WABCO India, Granules India, AstraZeneca, Dixon Technologies (India) Ltd. and Tube Investments of India Ltd. hit their fresh 52 week high in today’s trade, while Blue Chip India Ltd. hit fresh 52 week low in trade.

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