Sun TV Network Shares Fell 6.5 Percent On May 24 After Company Reported

Sun TV Network shares fell 6.5 percent on May 24 after company reported weakear-than-expected operating results in January-March quarter due to TRAI's new regime. Brokerage houses slashed price target.

Share price of Jet Airways tanked over 8 percent after reports stated that Hinduja Group and Etihad Airways have failed to strike a deal to buy a stake in the cash-strapped airlines.

After election results, Anand Rathi, Chairman of Anand Rathi Group said, "Return of Modi/NDA government at the Centre is very positive for the country and its economy and people. This government has done far reaching reforms in their present tenure particularly introduction of GST, Bankruptcy law, Jan Dhan Yojana and number of welfare schemes for poor people, particularly for women, though it has not achieved its target for employment and investments in the economy."

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