Media stocks have been buzzing in trade on October 8, bucking the volatility in the broader market as names like PVR Inox, TV Today, and Network18 posted strong gains. The surge in these counters led the Nifty Media index over 3 percent higher, making it the best-performing sectoral index in trade today.At 1 pm, shares of PVR Inox, TV Today, and Network18 were up 2-3 percent while the Nifty Media ...

Benchmark indices BSE Sensex and NSE Nifty traded higher, snapping an eight-day losing streak. Nifty reclaimed the 17,400 level by gaining 0.66% intraday while Sensex jumped over 300 points to 59,328. The broader markets followed the benchmarks’ cues and traded firmly in the positive territory, Nifty Small Cap 100 and Midcap 100 gained 1.2% and 1.3% respectively. Sectorally, Nifty Metal outperfo...

If film buffs are hooked to larger-than-life content, Ajay Bijli of PVR Cinemas is matching it with a larger-than-life movie experience. Given that multiplex balancesheets have been battered during the pandemic, and cinemas need every trick to pull the crowds, it might just be the strategy to turn things around.With Friday’s launch of the ICE Theatre experience in India — also the first in A...

Indian benchmark indices NSE Nifty 50 and BSE Sensex are likely to open lower amid weak global cues. Ahead of Monday’s trading session, SGX Nifty was in red with Nifty futures trading 0.8% lower, hinting at a negative start for domestic equities. “In absence of any major event, earnings and global cues will dictate the trend next week. Participants will react to the HDFC Bank’s number in ear...

Indian equity markets may open in red on week’s last trading day. Early trends in the SGX Nifty hinted at a negative start for benchmark index NSE Nifty 50 and BSE Sensex with a loss of 99 points. Global cues were negative as Wall Street indices ended in red overnight and shares in the Asia-Pacific were trading lower on Friday. “The recent move in the index indicates consolidation amid feeble ...