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SpiceJet, Sun TV slip on CBI probe talk

February 7, 2011

SpiceJet aircraft prepares for landing at the airport in Mumbai July 15, 2008. REUTERS/Punit Paranjpe/FilesShares in SpiceJet and Sun TV Network fell on market talk that Sun founder Kalanithi Maran’s deal of buying a stake in SpiceJet was under investigation by the Central Bureau of Investigation, four dealers said.

Shares of both the companies had fallen 7-13 percent on Friday

SpiceJet closed 2 percent lower at 47.65 rupees while shares in Sun TV Network ended 11.4 percent down at 410 rupees.

Do you think shares in SpiceJet and Sun TV will fall further?

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