The market has opened on the higher side on Friday. Sensex is at 19,171, up 168 points from the previous close. Nifty is at 5698, up 63 points.

UTV has cleared that the news report about Walt Disney is eyeing the management control is speculative, reports CNBC-TV18. The news is incorrect and baseless, the management said. But the company is in advanced talks for strategic, financial investors in broadcasting venture, they said. The stock is currently trading at Rs 823, up 2.8% on the BSE.