Media stocks nearly steady as Sensex rises

Media stocks nearly steady as Sensex rises

sensex

MUMBAI: The barometer 30-stock Bombay Stock Exchange (BSE) Sensex continued its ascent and closed at 3,499 on 20 June, the best close in the last 14 months. This close was higher than the previous week's close of 3,354 on 14 June 2003. The S&P CNX NSE Nifty also gained and ended the day at 1,100.25 as compared to 1,056.20 marginally on 14 June.

 
Market observeRs say that the optimism over the arrival of the monsoons and fresh inflow of funds from FIIs is responsible for the indices touching new highs. Most of the media scrips however registered small drops in their share prices as compared to the previous week.

Zee Telefilms opened the day (20 June) on the BSE at 87.65; registered a drop of 4.85 per cent to end the day at Rs 83.40 (as compared to Rs 90.40 on 14 June). The volume of shares traded was around 2.28 million shares on 20 June.

 
On the National Stock Exchange (NSE), the Zee Telefilm scrip opened the day at Rs 87.5;dipped by 4.63 per cent to end the day at Rs 83.45 (as compared to Rs 90.65 on 13 June). The volume of shares traded was around 5.17 million shares.

The Television Eighteen India scrip opened the day at Rs 88.05; rose by 1.48 per cent and ended the day at Rs 89.35 as compared to Rs 96 on the BSE on 13 June 2003. On the NSE, the scrip opened the day at Rs 88.10; increased by 1.02 per cent to end the day at Rs 89 as compared to Rs 95.85 on 13 June 2003.

On the BSE, the Balaji Telefilms scrip opened the day (20 June 2003) at Rs 62.45; dropped 1.28 per cent to end the day at Rs 61.65 as compared to Rs 63.35 on 13 June. The volume traded was 148,257 shares.

On the NSE, the scrip opened the day at Rs 62.40, dropped by 1.20 per cent to end the day at Rs 61.65 (as compared to Rs 63.35 on 13 June. The volume of
shares traded was 476,415. 

Sri Adhikari BrotheRs Television Network (SABTNL) opened the day at Rs 76.65; dropped 3.33 per cent to end the day at Rs 74.09 as compared to Rs 76.59 on 13 June. On the NSE, the scrip opened the day at Rs 76.84; dropped 3.58 per cent and ended the day at Rs 76.84 (as compared to Rs 77.15 on 13 June).

On the BSE, Cinevistaas' opened the day at Rs 29.15; rose 0.51 per cent and ended the day at Rs 29.30 as compared to Rs 29.25 on 13 June. On the NSE, the scrip opened at Rs 29.90; dropped 2.17 per cent and ended at Rs 29.25 as compared to Rs 40 on 13 June. The volume of shares was around 25,673 shares.

Creative Eye opened the day at Rs 14; dropped 1.07 per cent to end the day at Rs 13.85 as compared to Rs 15.01 on 13 June on the BSE. On the NSE, the scrip dropped 0.71 per cent to end the day at Rs 14 as compared to Rs 15.05 on 13 June.

The ETC Networks scrip opened the day at Rs 51.90; dropped 1.64 per cent to end the day at Rs 51.05 as compared to Rs 52.85 on 13 June.