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Stock market update: Nifty Media index down 2%; Hathway Cable dips 4%

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NEW DELHI: Nifty Media index was trading on a negative note at 12:30PM (IST) on Wednesday.

While Hathway Cable & Datacom (down 4.23 per cent), Inox Leisure (down 3.07 per cent), Network 18 Fincap (down 2.95 per cent), DB Corp (down 2.67 per cent) and TV18 Broadcast (down 2.35 per cent) were the top losers in the index.

The Nifty Media index was trading 1.72 per cent down at 1576.4 around 12:30PM.

Benchmark NSE Nifty50 index was down 108.90 points at 11208.45, while the BSE Sensex was down 355.9 points at 38009.45.

Among the 50 stocks in the Nifty index, 10 were trading in the green, while 40 were in the red.

Shares of Vodafone Idea, YES Bank, Tata Motors, SBI and IDFC First Bank Ltd. were among the most traded shares on the NSE.

Shares of Infibeam Avenues Ltd., Hathway Cable and Ruchi Soya Inds hit their fresh 52 week high in today’s trade, while Sumit Woods Ltd., CKP Leisure Ltd., Wealth First Portfolio Managers Ltd. and Mangalam Global Enterprise Ltd. hit fresh 52 week low in trade.

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