Rising ticket sales: Happy story of Indian cinema

Published On: Friday, February 14, 2020 | By: Team KnowMyStock

The top hit bollywood movies like Total Dhamaal,Gully Boy,Housefull 4,Mission Mangal,Bharat,Uri,Kabir Singh, War mopped up around 2557 crores in the box offices during 2019.Other language films also made fairly well during the year though Indian economy as a whole is in a slowdown phase. Indians bought 1.03 billion movie tickets, spending Rs 10,948 crore last year, an increase of 11.6 per cent over 2018. In 2019, there were some green shoots of rising ticket sales in the results for India’s major multiplex chains. This round of box-office growth is led by growth in the underlying factor that matters most – more people watching films. This trend is likely to continue going by the factors that underpin this growth. On an overall basis language is becoming more important.Many of the top 10 movies are more multilingual.Content is reported to be most important factor for the success and hence while star-led films naturally get a better opening, their staying power depends on the story

Source: various sources

Closing Bell: Sensex gains 85 points, Nifty at 18755.90

Closing Bell:Sensex gains 418 points, Nifty at 18716.15

MARKET UPDATE: Sensex rose 135 points to 62761, and the NSE Nifty50 moved 40 points higher to 18,600

Closing Bell: Sensex down 223 points, Nifty at 18,563

MARKET UPDATE: Sensex surged over 100 points to trade around 62,962 levels, whereas Nifty50 climbed over 30 points to trade above 18,650 levels

MARKET UPDATE: Sensex gained over 50 points to trade around 63,228 levels, whereas Nifty50 traded marginally above 18,700 levels

MARKET UPDATE: Sensex surged over 150 points to trade around 62,988 levels, whereas Nifty50 gained over 50 points to trade above 18,650 levels

MARKET UPDATE: Sensex traded flat at 62,777 levels, whereas Nifty50 was flat above 18,600 levels

Closing Bell: Sensex up 240 points, Nifty at 18593.85

MARKET UPDATE: Sensex rallied over 300 points, whereas Nifty50 gained over 50 points to trade above 18,600 levels

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