Nifty Media index underperforms; Zee stock drops 5% - Highlight Investment Research

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Tuesday, 18 December 2018

Nifty Media index underperforms; Zee stock drops 5%

The Nifty Media index extended its losses in today’s trade. The index fell over 2.8% to 2,523. Zee dropped 5% and was the top loser on the Nifty50 index.

UFOTV TodayJagranDish TV fell over 2-1% each on the NSE. TV18 Broadcast and Network18 were also among the underperforming stocks in today's session.

On the flip side, Eros Media, DB Corp, Sun TV, and Inox were trading in the positive territory.

The most active stocks were BEMLSun Pharma, Yes Bank, Reliance IndustriesInfosys, and RCom.

Meanwhile, J.Kumar Infraprojects, Raj Rayon, Standard Industries, Tara Jewels, Visesh Infotecnics, Nagarjuna Oil, Adroit Infotech, Bansal Multiflex, Shilpi Cable and Viji Finance stocks touched their 52-week lows on the NSE.





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