Sun TV tanks 11 percent as DMK is unlikely to return to power in Tamil Nadu. The AIADMK crossed halfway mark and is all set to form government in Tamil Nadu for the second consecutive time.
The Sensex is down 81.75 points or 0.32% at 25622.86, and the Nifty down 22.95 points or 0.29% at 7847.20. About 1180 shares have advanced, 911 shares declined, and 138 shares are unchanged.
Lupin, Tata Steel, Tata Motors, BHEL and Wipro are top gainers while NTPC, HDFC, SBI, ITC and Bharti Airtel are losers.