From sectors, the Nifty Media index was the top laggard, down nearly 2 per cent, followed by the Nifty FMCG index (down 0.6 per cent). While IT and Metal packs held firm gains of up to 2 per cent.
Zee Entertainment, on the other hand, slipped nearly 4 per cent on weak Q2 performance. The company reported a 58 per cent YoY decline in profit at Rs 112.8 crore for the quarter.
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This article was written byFollowFred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience...
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