Latest news with #NiftyMedia
Business Standard
4 days ago
- Business
- Business Standard
Quick Wrap: Nifty Media Index falls 2.61%
Nifty Media index closed down 2.61% at 1669.6 today. The index has slipped 5.00% over last one month. Among the constituents, Zee Entertainment Enterprises Ltd dropped 4.39%, Dish TV India Ltd fell 4.23% and Network 18 Media & Investments Ltd shed 3.75%. The Nifty Media index has fallen 18.00% over last one year compared to the 1.77% increase in benchmark Nifty 50 index. In other indices, Nifty Energy index has dropped 2.21% and Nifty PSE index has slid 2.00% on the day. In broad markets, the Nifty 50 has declined 0.90% to close at 24837 while the SENSEX has slid 0.88% to close at 81463.09 today.
Business Standard
6 days ago
- Business
- Business Standard
Quick Wrap: Nifty Realty Index registers a drop of 2.60%
Nifty Realty index closed down 2.60% at 970.2 today. The index has lost 4.00% over last one month. Among the constituents, Lodha Developers Ltd fell 7.51%, Brigade Enterprises Ltd slipped 3.45% and Oberoi Realty Ltd dropped 3.10%. The Nifty Realty index has decreased 9.00% over last one year compared to the 3.03% spike in benchmark Nifty 50 index. In other indices, Nifty Media index has slid 0.94% and Nifty Services Sector index added 0.87% on the day. In broad markets, the Nifty 50 added 0.63% to close at 25219.9 while the SENSEX witnessed a rise of 0.66% to close at 82726.64 today.
Business Standard
22-07-2025
- Business
- Business Standard
Quick Wrap: Nifty Media Index registers a drop of 2.27%
Nifty Media index closed down 2.27% at 1733.6 today. The index has added 4.00% over last one month. Among the constituents, Zee Entertainment Enterprises Ltd fell 5.68%, Dish TV India Ltd dropped 2.05% and Network 18 Media & Investments Ltd shed 1.44%. The Nifty Media index has decreased 11.00% over last one year compared to the 2.25% spike in benchmark Nifty 50 index. In other indices, Nifty PSU Bank index has slid 1.57% and Nifty Realty index has dropped 1.01% on the day. In broad markets, the Nifty 50 has slid 0.12% to close at 25060.9 while the SENSEX has declined 0.02% to close at 82186.81 today.
Hans India
21-07-2025
- Business
- Hans India
Nifty hovering in non-directional mode
Thebenchmark index continues to decline for the third consecutive week, as the selling pressure in large caps intensified. The Nifty declined by 181.45 points or 0.75 per cent. The BSE Sensex also declined by 0.90 per cent. The broader market indices, Midcap-100 and Smallcap-100, outperformed as they gained by 0.79 per cent and 1.05 per cent, respectively. On the sectoral front, the Nifty Media index is the top gainer with 3.92 per cent, followed by Realty with 3.84 per cent. The Auto, Pharma, and Consumer Durable indices also registered decent gains. On the flipside, the IT index declined by 1.46 per cent, and FinNifty declined by 1.11 per cent. The Banknifty also slipped by 0.83 per cent. The India VIX declined by 3.60 per cent to 11.39. The FIIs sold Rs16,955.75 crore and the DIIs bought Rs21,893.52 crore worth of equities in this month. The Nifty has formed a Three Black Crows on a weekly chart, as it declined for three consecutive weeks, which is the most bearish sign. Earlier, when the downtrend began, the index formed four consecutive bearish candles. The volume on the weekly and daily time frames was higher than the previous bar. Currently, the Nifty is holding five distribution days. As it closed below the 50 DMA and 10-week average, the market status changed to an uptrend under pressure. Importantly, the Nifty violated the rising trendline support drawn from the 9th May. With this, it broke the upward channel. As suspected earlier, the index closed below the psychological 25000 support. The Nifty also tested the 61.8 per cent retracement level (24930) of the recent upswing. The 50EMA is at 24932. In any case, if the index closes below this crucial support, it will witness a further intensified selling pressure. The middle point of the prior six-week consolidation is at 24780, which may act as final support. The 23.6 per cent retracement level of the uptrend from April 7 is at 24743. Expect a bounce from this zone before taking a directional bias. By the time the index may enter into an extreme oversold condition. If the index violates and sustains below 24743, the bears will dominate the market, and can test the lower range of the consolidation zone, which is at 24494-462. The weekly RSI declined into the bullish zone. The daily RSI is at 43.07, closed below the prior low, and near the bearish zone. The daily MACD line is also near the zero line. Even though the price is in an uptrend, these indicators have developed a negative divergence. The index is also below the Anchored VWAP support. The KST and the Stochastic RSI have been bearish. The Elder impulse system has formed a series of bearish bars. As the Nifty is trading below the key levels, it is better to be selective on stock selection. Reaction to the big boys, Reliance, HDFC Bank, and ICICI Bank earnings, is crucial for next week. Expect a technical bounce from oversold conditions on a lower timeframe. Watch the 24930 on a closing basis, and then the 24730. (The author is partner, Wealocity Analytics, Sebi-registered research analyst, chief mentor, Indus School of Technical Analysis, financial journalist, technical analyst and trainer)
Business Standard
16-07-2025
- Business
- Business Standard
Hathway Cable & Datacom Ltd soars 11.12%, rises for third straight session
Hathway Cable & Datacom Ltd is quoting at Rs 17.49, up 11.12% on the day as on 12:49 IST on the NSE. The stock is down 24.22% in last one year as compared to a 1.69% fall in NIFTY and a 12.48% fall in the Nifty Media index. Hathway Cable & Datacom Ltd rose for a third straight session today. The stock is quoting at Rs 17.49, up 11.12% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.09% on the day, quoting at 25218.75. The Sensex is at 82666.87, up 0.12%. Hathway Cable & Datacom Ltd has added around 16.29% in last one month. Meanwhile, Nifty Media index of which Hathway Cable & Datacom Ltd is a constituent, has added around 2.06% in last one month and is currently quoting at 1735.85, up 1.32% on the day. The volume in the stock stood at 789.22 lakh shares today, compared to the daily average of 43.94 lakh shares in last one month. The PE of the stock is 32.85 based on TTM earnings ending March 25.
