Movies and Stocks: a fun relation! Allu Arjun arrested, fans stage protests, BJP slams Congress, and much more! Check it out!!🔻🔻

Hello Readers,

Did you hear?

Actor Allu Arjun was arrested!

In a shocking turn of events, Tollywood superstar Allu Arjun was arrested by the police! One of the biggest superstars in the Telugu film industry was arrested on Friday with a charge of murder! On 4th December, thousands of fans gathered to see the star at the iconic Sandhya Theatre. When he arrived with his team, it caused a rush among fans which led to a mother being crushed in a stampede and her minor child hospitalised for asphyxiation! 

People are protesting for his release!

While police officials did arrest the superstar, a few members from his security, and theatre management officials, fans were not having it. Hundreds of fans gathered outside the jail in protest as they demanded his release! Multiple celebrities such as Pushpa 2 star Rashmika Mandanna, Nani, Varun Dhawan, and several others supported the actor, expressing sorrow over the event but slamming the decision to imprison the actor! 

Police say no misbehaviour with the actor!

Fans were also outraged when rumours spread that the police had misbehaved with the actor! That served to further enrage the fans as the Hyderabad police quickly issued a statement denying these rumours as the police remained civil and treated the hero with utmost respect. Interestingly, the actor received interim bail that evening but was not released! His lawyer slammed the illegal detention and warned of futher ‘legal actions’. However, the case took a political turn.

BJP has slammed Congress!

The BJP and BRS political parties have criticised the Telangana ruling party Congress over the actor’s arrest. State representatives from both parties slammed the treatment of the superstar as a common criminal and called for better treatment for the star. The BJP representative went on to blame the Congress government for their inability to handle such events and called their negligence “unacceptable”! Moreover, Union Minister Ashwini Vaishnaw claimed that Congress lacked respect for the creative industry and were deflecting blame by arresting the hero!!

The actor was released within 24 hours!!

After spending a night in jail, the actor was released on Saturday morning. He was greeted by fans who were delighted by his release as he returned back to his family. Making his first statement since his arrest, he thanked his fans and expressed sorrow over the tragedic deaths. However, he went on to say that he was not related to the deaths and that he was a law abiding citizen that was willing to cooperate with the law! Interestingly, Ram Gopal Varma claims that the star’s arrest was a big boost to the publicity of his film Pushpa 2!!

Interestingly, did you know, films can impact the stock market!?

Yes, you read that right!

But how? How do movies, action, romance, comedy, or tragedy, move financial markets?

One word: Business.
When movies released, people head to their nearest movie theatres to watch them, spend on movie tickets and food, and have a good time. This translates to movie distributors like Shemaroo, Saregama, etc. and hall operators like PVR, INOX, and others witnessing significant sales.

These sales increase the topline of these companies and help improve their business performance and increase profits. Thus, it increases the value of the company and sends the price of the stock up!!

For example, one of 2024’s most famous films Stree 2 was released on 15th August. The film became the biggest opener of 2024, grossing over Rs 60 crores! Moreover, it was in theatres for over a month as demand for the movie was strong, helping the movie gross over Rs 600 crores in domestic earnings.

As a consequence, PVR’s stock saw significant gains. While Stree 2 remained in cinemas, the stock saw steady gains and by the time the movie got off the screens, investors saw the stock register gains of over 19%!!

Vicky turned out to be very lucky!

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