Monday, 10 October 2016

Nifty still below 8750, Sensex flat; oil stocks struggle

The demand for the FMCG sector is a bellwether for TV channels. With growing demand of FMCGs, and the fact that 55-60 percent of ads on television are from the consumer sector, he expects the TV channels to do very well. 

 

He is positive on Zee Entertainment due to its exit from sports after it sold Ten Sports to Sony Pictures in August. With an expectation of around 13-14 percent ad growth in the current quarter, DB Corp will continue to remain fastest growing print media company in the country. He expects the revival of interest in DB Corp to continue.

 


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