Nifty Media Index Slides Over 1% as All Constituents Bleed; Network18, ZEEL Among Top Drags

Authored By Ankur Chandra | Published at: Jun 26, 2025 12:37 PM IST

Open Free Demat Account

Mumbai, Jun 26 (12:21 IST) — The Nifty Media index faced a sharp decline on Thursday midday, shedding 1.21% to trade at 1,741.90, with all 9 stocks in the red and none advancing. This sector-wide rout came amid broader market strength, underscoring selective investor caution toward media counters.

Index Snapshot

Metric	Value
Last Traded Price	1,741.90
Change	-21.25
% Change	-1.21%
Day’s High	1,770.85
Day’s Low	1,741.10
52-Week High	2,182.35
52-Week Low	1,344.40
Total Volume	2.39 crore
Total Turnover	₹201.83 crore

Decline Across the Board

All constituents of the index posted losses, with Network18, Zee Entertainment (ZEEL), and PVR INOX among the notable laggards.

Top Losers from the Nifty Media Pack (as of 12:21 IST)

Company Name	LTP (₹)	Change (₹)	% Change	1M Trend
Network18 Media	59.73	-2.09	-3.38%	+23.62%
Zee Entertainment (ZEEL)	143.56	-2.85	-1.95%	+14.78%
D.B. Corp	273.60	-4.15	-1.49%	+10.57%
PVR INOX	962.50	-4.05	-0.42%	-2.27%
Saregama India	498.90	-3.35	-0.67%	-9.49%
Sun TV Network	592.40	-1.15	-0.19%	-6.31%
Nazara Technologies	1,308.50	-10.10	-0.77%	+3.47%
Tips Music	671.00	-6.00	-0.89%	-0.14%
Hathway Cable & Datacom	15.97	-0.08	-0.50%	+4.90%

The broader decline comes despite recent strength in select counters like Network18 and Nazara Technologies, which had shown strong 30-day performances of over 20% and 3%, respectively.

Market Context

At the same time, the Nifty 50 index traded higher by 0.61% at 25,397.85, signalling broader market optimism amid subdued media sector sentiment. The divergence suggests sector-specific concerns or profit booking following recent upswings in select counters.

About Nifty Media

The Nifty Media index represents key listed companies in TV broadcasting, film exhibition, digital entertainment, and print. It includes prominent players like ZEEL, PVR INOX, Sun TV, Saregama, and Network18, reflecting the performance of India’s evolving media landscape.

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations

Markets