Share market update: Media shares up; Sun TV climbs 3%

NEW DELHI: Media shares were trading higher in Friday's afternoon session.

Shares of Sun TV Network (up 3.70 per cent), Den Networks (up 3.67 per cent), Zee Media Corporation (up 3.33 per cent) and Network 18 Media & Investments (up 1.59 per cent) were the top performers in the index.

TV18 Broadcast (up 1.43 per cent), PVR (up 0.74 per cent), Jagran Prakashan (up 0.63 per cent) and Inox Leisure (up 0.03 per cent) too were trading with gains.

The Nifty Media index was trading 0.68 per cent up at 2485.40 around 02:23 pm.

Benchmark NSE Nifty50 index was up 31.70 points at 11,601.70 while the BSE Sensex was up 97.81 points at 38,643.53.

Among the 50 stocks in the Nifty index, 34 were trading in the green, while 16 were in the red.

Shares of YES Bank, SAIL, BHEL, Bank of Baroda, NTPC, Ashok Leyland, SBI, BEL, Indian Oil Corp, ONGC, DLF, Tata Motors, ICICI Bank and Vedanta were among the most traded shares on the NSE.