So, part of it is the valuation, but the earnings of the companies will definitely get impacted and maybe the earnings results have not yet come out and the earnings will probably take a bit of time to start showing the tariff fallout.
These 6 Nifty Media stocks slide 12-66% in FY25
The Nifty Media sector was the biggest loser among the Nifty sectoral performances, declining by 18%, while the benchmark Nifty50 index increased by 5% during