Media shares witnessed buying demand for the five consecutive trading sessions.

At 10:25 IST, the barometer index, the S&P BSE Sensex jumped 484.73 points or 0.62% to 79,005.03. The Nifty 50 index rose 128.70 points or 0.53% to 24,493.40.

The broader market outperformed the frontline indices. The BSE 150 MidCap Index gained 0.80% and the BSE 250 SmallCap Index added 1.11%.

The market breadth was strong. On the BSE, 2,741 shares rose and 1,028 shares fell. A total of 199 shares were unchanged.

The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, declined 4.89% to 17.87.

In the commodities market, Brent crude for June 2026 settlement tumbled 69 cents or 0.72% to $94.79 a barrel.

Earnings Today:

HCL Technologies(up 0.49%), Nestle India(up 1.70%), 360 ONE WAM(up 0.37%), Central Mine Planning & Design Institute(down 0.93%), Cyient DLM(up 2.62%), Mahindra EPC Irrigation(up 1.21%), Persistent Systems (down 0.13%), Powerica(up 0.79%), Rajratan Global Wire(up 0.99%), Sunteck Realty(up 3.73%), Transformers and Rectifiers (India)(up 1.62%), Tata Elxsi(up 1.77%), and Tata Investment Corporation (up 0.37%) will announce their quarterly earnings later today.

Buzzing Index:

The Nifty Media index jumped 1.34% to 1,448.55. The index jumped 6.48% for the five consecutive trading sessions.

PVR Inox (up 2.87%), Prime Focus (up 1.5%), Saregama India (up 1.42%), Zee Entertainment Enterprises (up 0.98%) and Sun TV Network (up 0.96%) were the top gainers. Among the other gainers were Network 18 Media & Investments (up 0.86%), Tips Music (up 0.83%), Hathway Cable & Datacom (up 0.63%), D B Corp (up 0.6%) and Nazara Technologies (up 0.38%) surged.

Economy:

India's Index of Eight Core Industries (ICI) fell by 0.4% in March 2026 compared to the same month last year, according to provisional data. Output declined in sectors such as fertilizers, crude oil, coal and electricity, pulling down overall performance. The overall growth of these core industries for the full financial year 2025'26 stood at 2.6% compared to the previous year.

Stocks in Spotlight:

Apeejay Surrendra Park Hotels (ASPHL) rallied 4.16% after the company signed two hotel management agreements for Zone Connect by The Park properties in Ayodhya and Ujjain.

Oberoi Realty advanced 1.99% after the company reported a gross booking value of Rs 1,673 crore for Q4 FY26, registering a 100.1% rise quarter-on-quarter from Rs 836 crore and a 96.1% increase year-on-year from Rs 853 crore in Q4 FY25.