Sun TV Shares Surge On Hopes Of DMK Victory In Tamil Nadu

Sun TV shares jumped over 10 per cent on Tuesday after exit poll results predicted a victory for opposition DMK in Tamil Nadu. Chennai-based Sun TV is owned by Kalanithi Maran, the grandnephew of DMK President M Karunanidhi. According to NDTV's poll of exit polls, Chief Minister J Jayalalithaa is down to 103 seats, while the DMK and Congress coalition is ahead at 120 seats in Tamil Nadu. The alliance is headed by M Karunanidhi, who ...