Nifty Media stocks lead bull run; Jagran, Dish TV lead the race

Network18 and Zee Entertainment Enterprises Limited (ZEEL) also rose nearly 2.3% each in an all green sector.

Aug 12, 2021 01:08 IST India Infoline News Service

The Nifty Media stocks led the markets bull race on Thursday to surge 1.6%. Jagran Prakashan and Dish TV outperformed as all 10 Index stocks were in the green. ZEEL and Network18 were also over 2% higher. 

Meanwhile, indices continued to scale new heights on Thursday. Nifty hits all-time high, tops 16,360, Sensex surges to a new record high on weekly index option expiry. At around 1.15 pm, BSE Sensex was trading at 54,765.71 up 239.78 points or 0.44% and Nifty50 at 16,344.80 up 62.55 points or 0.38%.

Nifty Media was trading at 1,710.20 up 26.70 points or 1.59% hitting a high of 1,714.75 and low of 1,682.85 during intraday trade on Thursday.

Jagran surged 3.3% at Rs65.05 per piece to push up the sector while Dish TV also advanced 2.5% at Rs12.15 per piece to outperform.

Network18 and Zee Entertainment Enterprises Limited (ZEEL) also rose nearly 2.3% each at Rs51.50 per piece and Rs185.60 per piece respectively.

PVR, INOX Lesiure and DB Corp also traded higher in the range of 1.7% - 1.6% each. TV18 Broadcast and Sun TV also traded higher while TV Today was also marginally higher to complete the all green Index on Thursday.

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