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Jailer, produced by the Sun Group, was released around two weeks back and is reportedly close to grossing ₹600 crore globally. The movie has fared better than expectations and will provide a leg-up to Sun's earnings in the current quarter, analysts said.
RCB had sued Sun TV before the Delhi High Court, stating that the movie "Jailer" has a scene where a contract killer is wearing the RCB jersey and making derogatory and misogynistic statements about a woman.
Prakash Industries was the top gainer from the smallcap pack with nearly 35% returns, followed by Koopran (33.3%), Titagarh Rail Systems (28.5%), and Jupiter Wagons (26.2%).
“Nifty is at a crucial juncture; slipping below 19200 could trigger a 200-point decline. If it goes below 19200, the next level is around 19000. Recent data show short buildup in Nifty and long unwinding in Bank Nifty, both indices now below their 250-day moving averages.”
India VIX, which is a measure of the fear in the markets, fell 0.17% to settle at 11.73 levels.