Download the app
← Latest news

Sun TV shares plunge after TVK surge to 108 seats threatens Tamil Nadu power map

Economy
Published on 4 May 2026
Sun TV shares plunge after TVK surge to 108 seats threatens Tamil Nadu power map

Market jitters follow TVK surge, not the usual frontrunners

Actor-turned-politician C Joseph Vijay’s TVK is projected to lead in 108 seats, signaling a potential break from Tamil Nadu’s long-standing Dravidian party dominance. The surprise momentum is rattling established players like DMK and AIADMK, and Sun TV Network shares fell about 10% as investors reacted to the political shift reshaping media and influence dynamics.

  • TVK’s projected lead in 108 seats sparks shock across Tamil Nadu politics
  • DMK and AIADMK face unexpected pressure from Vijay’s rise
  • Sun TV Network shares drop roughly 10% on the election-linked uncertainty
  • Investors are pricing in major influence shifts from a potential power shakeup
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.