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From a technical standpoint, the 19700 level remains a significant resistance for Nifty, while support is observed in the range of 19450-19400, said Shrey Jain, Founder and CEO, SAS Online.
Sun TV Network Ltd., incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 26450.96 Crore) operating in Media & Entertainment sector.
The Sun TV Network stock has given a return of 44.39 percent over the last six months. The benchmark Nifty50 index has given a return of 6.12 percent over the last six months.
JM Financial said Sun TV’s Q2 growth construct was in-line with ZEE Entertainment Enterprises'.
Oil and Natural Gas Corporation reported a 65% growth in consolidated net profit to Rs 13,734 crore. Revenue from operations, however, dropped by 13% to Rs 1.47 lakh crore