Live Nifty Media Chart
O 1882.55
H 1882.55
L 1882.55
Nifty Media Performance
Days Range
Previous Close1,887.75
Open1,882.55
52W Range1,727.70 - 2,508.60
P/E Rationull
Nifty Media Stocks List
|
Company
 |
LTP
|
Change
|
Day Range
|
|
|---|---|---|---|---|
|
Dish TV India |
₹15.75 |
-0.05 (-0.32%) |
₹15.45 - ₹16.15 |
|
|
Hathway Cable |
₹20.80 |
0.15 (0.73%) |
₹20.35 - ₹20.95 |
|
|
Nazara Technolo. |
₹691.80 |
-14.00 (-1.98%) |
₹675.00 - ₹697.95 |
|
|
Netwrk.18 Media |
₹77.80 |
-1.45 (-1.83%) |
₹76.95 - ₹80.15 |
|
|
PVR Inox |
₹1,335.10 |
1.65 (0.12%) |
₹1,325.00 - ₹1,342.90 |
|
|
Saregama India |
₹494.45 |
19.35 (4.07%) |
₹474.00 - ₹501.00 |
|
|
Sun TV Network |
₹653.75 |
-6.95 (-1.05%) |
₹648.10 - ₹668.95 |
|
|
Tips Industries |
₹433.05 |
14.45 (3.45%) |
₹420.45 - ₹433.90 |
|
|
TV18 Broadcast |
₹42.80 |
0.05 (0.12%) |
₹42.30 - ₹43.15 |
|
|
Zee Entertainmen |
₹150.95 |
-0.05 (-0.03%) |
₹149.30 - ₹154.50 |
|
Nifty Media Sectors
| Sector Name | Advances | No Change | Declined |
|---|---|---|---|
| Entertainment | 4 | 7 | 3 |
| IT - Software | 0 | 1 | 1 |
| Media - Print/Television/Radio | 0 | 1 | 1 |
| Telecomm-Service | 1 | 1 | 0 |
What is NIFTY Media?
NIFTY Media is a sectoral index on the National Stock Exchange (NSE) which captures the performance of the media sector in the Indian economy on a real-time basis. It is constituted of 15 stocks that are engaged in media & entertainment, printing & publishing, advertising etc.
The basic industries eligible for inclusion in the NIFTY Media index are the ones dealing with Advertising & Media Agencies, Digital Entertainment, Electronic Media, Film Production, Distribution & Exhibition, Media & Entertainment, Print Media, Printing & Publication, TV Broadcasting & Software Production, and Web-based media and services.
This NIFTY Media index was launched on July 19, 2011, with the base date as December 30, 2005, and the base value at 1000. The NIFTY Media share price since inception, has approached the levels of 1,900. It is reconstituted semi-annually in order to ensure that it continues to reflect the changing dynamics of the Indian media industry.
The NIFTY Media index is owned and managed by NSE Indices Limited, previously known as India Index Services & Products Limited. The Media index is governed by a three-tier structure that comprises the BOD of NSE Indices, the Index Advisory Committee and the Index Maintenance Sub-Committee.
NIFTY Media has a variant in the form of the NIFTY Media Total Returns Index. This index has multiple applications in index funds, structured investment products, ETFs, and benchmarking fund portfolios.
Orgainisation
Nifty Media
Exchange
NSE
Nifty Media Stocks Selection Criteria
The NIFTY Media share price is computed by weighting its 10 stocks on the basis of periodically capped free-float market capitalization relative to a base market capitalization value on a real-time basis.
The securities must fulfill the following eligibility criteria:
- Should be listed on the National Stock Exchange.
- Should form a part of NIFTY 500.
- If the number of eligible stocks falls below 10, then in such cases, the deficit number of stocks shall be selected from the universe of top 800 ranked stocks based on both average daily turnover and average daily full market capitalization data of the previous six months from NIFTY 500’s universe.
- Should be a part of the media sector.
- Should have a trading frequency of at least 90% in the past six months.
- Should have a listing history of at least six months.
- A recently listed company (IPO) can be included if it meets the above eligibility criteria for a period of three months instead of six months.
- Should adhere to the cap of 33% in case of a single stock and 62% for the top 3 stocks cumulatively at the time of rebalancing.
How is Nifty Media Value Calculated?
The index value is calculated as follows –
Index value = Current market capitalization/ (Base market capitalization * Base Index Value)
The NIFTY Media index is rebalanced semi-annually based on six months of data, with the cutoff date being January 31 and July 31 of each year. The replacement of stocks in NIFTY Media (if any) is implemented from the last trading day of March and September after giving four weeks prior notice to the market.
Nifty Media FAQs
NIFTY Media index includes the top 10 ranked stocks from the media industry based on free-float market capitalization.
How to invest in NIFTY Media?
You can choose to invest in individual stocks from the NIFTY Media index with a demat account. So far, there are no index funds or ETFs that passively track the Media index.
Should you Invest in the NIFTY Media index? Is the investment in NIFTY Media safe?
The NIFTY Media index has generated total returns of 5.10% since inception. But these returns have been watered down in the past 5 years, where it has generated negative returns of 7.85%. This index experiences highly volatile returns and has barely earned 0.75% dividend yields.
How has NIFTY Media performed relative to NIFTY 50?
Media NIFTY is not closely correlated to the NIFTY 50 index. It has mostly underperformed the benchmark since its inception except for a few brief growth spurts over a short-term horizon.
What is the objective of NIFTY Media?
NIFTY Media index’s basic objective is to serve as the benchmark for evaluating the Indian media and entertainment sector. It also reflects the price movement and behavior of the listed media companies that are involved in printing and publishing.
