New Delhi, Oct. 2 -- The media and entertainment sector is likely to see an improvement in spending and growth momentum in the December quarter, supported by a late Diwali, a stronger content pipeline and improving monetisation across digital, subscription and sports segments, Nuvama Research said in its October 1 sector preview.

Nuvama expects festive spending to improve in Q3FY27, with the late Diwali likely to support advertising and consumer engagement.

"Due to a late Diwali, Q3FY27 is likely to report some improvement in spends," the brokerage said.

The sector is also expected to benefit from a stronger entertainment calendar, with several major films scheduled for release during the quarter.

Content availability is likely to rem...