Share market update: Media shares gain; Den Networks surges 12%

NEW DELHI: Media shares were trading with gains in Thursday's afternoon session.

Shares of Den Networks (up 12.39 per cent), Hathway Cable & Datacom (up 6.68 per cent), Dish TV India (up 4.59 per cent) and Zee Entertainment Enterprises (up 4.04 per cent) were trading higher.

PVR (up 1.59 per cent), TV18 Broadcast (up 0.45 per cent), Sun TV Network (up 0.25 per cent) and Jagran Prakashan (up 0.24 per cent) too were trading with gains.

The Nifty Media index was trading 1.91 per cent up at 2018.20 around 12:45 pm.

Benchmark NSE Nifty50 index was up 65.50 points at 11,564.40 while the BSE Sensex was up 203.07 points at 38,760.11.

Among the 50 stocks in the Nifty index, 36 were trading in the green, while 14 were in the red.

Shares of YES Bank, REC, Dish TV India, SAIL, Vodafone Idea, Adani Power, Ashok Leyland, JSPL, PNB and SBI were among the most traded shares on the NSE.