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Media shares advance; Zeel up over 2pc

Majority of media shares were trading in the positive territory in Tuesday’s mid-morning session.

The Nifty media index was trading 1.26% higher at 2,079.65 at 11.10 am.  At the same time, key benchmark indices Nifty 50 stood at 11683.50 while Sensex quoted at 39,032.45 up by 76.66 points.

Shares Zee Entertainment were up 2.82%, Dish TV up by 2.26%, INOX up 2.45% and PVR up by 1.38% were major index gainers.

TVToday, Network18,SunTV and Hathway were also trading marginally higher upto near  one percent.

On the Other hand, Eros Media, Jagran, Den, DB Corp were trading in the red between 1.55% to 4.90% in range.

Out of11 sectoral segments of the NSE, two indices viz Nifty Auto and Nifty FMCG Were Trading marginally red, while the rest all sectors were trading marginally up, at the time of this reporting.