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Market Watch

Tuesday, 17 May 2016

Sun TV surges 11% on exit polls; DMK win may aid ad revenue


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Shares of Sun TV Network   surged 11 percent intraday on Tuesday as most exit polls have predicted that the DMK-Congress alliance may win the state elections in Tamil Nadu. Chennai-based Sun TV owned by Kalanithi Maran (grandnephew of DMK President M Karunanidhi) is seen gaining high revenue growth when DMK is in power. 


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