On Thursday, shares of media and entertainment companies were mixed. Zee shares experienced a 1% decline, closing at ₹161, whereas Sun TV Network saw a 2% gain, closing at ₹619. Shares of Bharti Airtel and Vodafone each fell by half a per cent.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and