Sudip Bandopadhyay of Destimoney Securities told CNBC-TV18, "I maintained the view that Sun TV Network was beaten down unnecessarily. Yes, there was this confusion but it was clear that no court will let that kind of action which was being contemplated by the Home Ministry to go through. So, obviously, the businesses cannot be shut down. So, the selling which was happening on the presumption that their businesses and things like that will be shut down and their approvals will be revoked are a little too premature.""Obviously, there will be a correction and that correction is happening. Fundamentally saying, there is still some steam left in Sun TV. Investors can buy into the stock even at current level," he said.
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