NEW DELHI: Media shares were trading lower in Wednesday's afternoon session.

Shares of Zee Entertainment Enterprises (down 5.21 per cent), Dish TV India (down 3.48 per cent), Sun TV Network (down 3.36 per cent) and TV Today Network (down 3.11 per cent) were trading with losses.

Zee Media Corporation (down 2.58 per cent), Network 18 Media & Investments (down 2.51 per cent), TV18 Broadcast (down 1.48 per cent) and Jagran Prakashan (down 1.44 per cent) too were trading lower.

The Nifty Media index was trading 2.68 per cent down at 2174.95 around 12:36 pm.

Benchmark NSE Nifty50 index was down 76.65 points at 11,421.25 while the BSE Sensex was down 282.03 points at 37,994.60.

Among the 50 stocks in the Nifty index, 11 were trading in the green, while 39 were in the red.

Shares of Vodafone Idea, ZEEL, DHFL, YES Bank, Dish TV India, Reliance Capital, PC Jeweller, Suzlon Energy, Vedanta and Tata Motors were among the most traded shares on the NSE.