Nifty Media Index Slides Over 1% as All Constituents Bleed; Network18, ZEEL Among Top Drags
By Ankur Chandra | Published at: Jun 26, 2025 12:37 PM IST
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.
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