After hitting new all-time highs in opening trade, the benchmark indices witnessed some profit-taking. At around 12.10 pm, BSE Sensex was trading at 58,309.62 up 179.67 points or 0.31% and Nifty50 at 17,375.95 up 52.35 points or 0.3%.
Nifty Media was trading at 1,669.85 up 30.10 points or 1.84%, hitting a high of 1,672.45 and low of 1,647.50 during intraday trade on Monday.
PVR surged nearly 3.5% at Rs45.95 per piece. The multiplex chain owner on Friday announced the opening of 3 new screen multiplex in Jamnagar at JCR-The Entertainment World, Gujarat.
ZEEL gained over 2.5% at Rs180.85 per piece. Dish TV was also nearly 2.3% higher at Rs13.50 per piece. Network18 was also nearly 1.5% higher at Rs52.60 per piece. TV18 Broadcast and SunTV also were over 1% on the upside. Inox Leisure and TV Today also traded higher.
Jagran shed nearly 1% at Rs58.20 per piece while DB Corp also dragged at Rs90.35 per piece, down 0.88%. Out of the total 10 stocks, Nifty Media had eight advances and two declines.