Nifty Media took the bull ride again with
Network18 Media & Investments and
TV18 Broadcast, its television subsidiary lifting the sectorial performance. The Index surged 2.5% amid strong markets on Monday.
Dish TV and
Jagran also took the fast lane.
At around 1. 15 pm, Nifty Media was trading at 1,600.15
up 33.15
points or 2.12%, touching a high of 1,608.05 and low of 1,574.90
during intraday trade on Monday.
TV18 Broadcast surged over 7% at Rs 38.65 per piece. The stock touched day's high of Rs39.25 per piece near 52-week high of Rs41.70 per piece.
Network18 also advanced 3% at Rs41.30 per piece. Network18 and TV18 Broadcast have been doing well since announcing strong earnings two weeks ago.
Dish TV was bullish, driving 4.64% ahead at Rs12.40 per piece. Jagran also gained 2.5% at Rs55.20 per piece.
Sun TV, ZEE, DB Corp and TV Today also put performed to trade over 1% higher. Inox Leisure and PVR also traded in the green.