Sun TV Network leads gainers in 'A' group

Television broadcaster Sun TV Network surged 14.32% to Rs 144.10, on reports that the founders bought peace with the family of the Tamil Nadu state chief minister. The scrip was the top gainer in BSE's A group. Sun TV Network, whose founding family has had political differences with the chief minister, gets most of its revenue from its Tamil channels and this move would help the firm, report suggested.

Stock broker India Infoline flared up 8.55% to Rs 40. It was the second biggest gainer in A group. The stock had risen 2.65% yesterday, 1 December 2008 after the company announced that it will buyback shares at a maximum Rs 43.20 per share. The maximum buyback amount of Rs 98.90 crore is 10% of the paid up capital and reserves of the company.

Electronics products maker Bharat Electronics moved up 7.76% to Rs 617. It was the third biggest gainer in A group.

Diversified Aditya Birla Nuvo rose 7.64% at Rs 540, extending gains for the seventh trading session in a row. It was the fourth biggest gainer in A group. The stock is up 21.97% in seven consecutive sessions from Rs 442.70 on 20 November 2008.

Diversified company Century Textiles & Industries rose 7.50% to Rs 129.70. It was the fifth biggest gainer in A group.