At around 1.15 pm, Nifty Media was trading at 1,885.60, up 22.20 points or 1.19%,after touching a high of 1,899.00 and low of 1,876.35 during intraday trade on Tuesday.
Picking positive global cues, Indian stock market made a new record high on Tuesday with the BSE Sensex crossing the 53,000-mark for the first time. BSE Sensex was trading at 52,855.25 up 280.79 points or 0.53% and Nifty50 at 15,850.05 up 103.55 points or 0.66%.
Jagran lead the sectorial gains at Rs64.50 per piece, nearly 6% up. Inox Leisure rose 3.65% at Rs317.80 per piece. PVR was nearly 3% up at Rs1,419.50 per piece. DB Corp also lifted the performance by gaining over 2% at Rs108.50 per piece.
TV18 Broadcast continued the winning streak by gaining 1.44%. Sun TV was 0.7% higher while Network18 gained 0.66%. TV Today was also over 0.5% while, ZEEL traded marginally higher.
Dish TV shed 1.67% at Rs14.75 per piece. The company on Monday announced that its board approved the raising of funds through rights issue by issuance of fully paid-up equity shares of the company for an amount aggregating upto Rs1000cr.