SUN Financial News

ICICI Securitiesin its latest note has upgraded its rating for both Sun TV Network and Zee Entertainment Enterprises from 'Add' to 'Buy' and also raised their target prices. The brokerage cites the expectation that these companies will benefit in the medium term as FMCG companies increase their ad spending.The brokerage has lifted the target price on ZEE to ₹195 apiece from an earlier price of ₹155 as it believes the stock should re-rate given the potential tailwinds for TV broadcasters.Also Read: Prediction: These could be the best-performing value stocks through 2030For SUN TV, the brokerage revised the target price higher to ₹1,000 per share from ₹758, anticipating significant growth in ad revenue.

nova is likely to appear in the sky anytime between now and September. Situated at a distance of about 3,000 light-years away the star system T Coronae Borealis, or T Cr B, is likely to explode. If the star explodes, it will be visible to the naked eye here on Earth, reports CNN. The star exploded in 1946 last time and some people who witnessed it will have an opportunity to see it once again. It will again explode 80 years later.

The Nifty future closed positive with gains of 1.90% at 23,334 levels on Tuesday. The India VIX was slightly up by 0.48% from 16.55 to 16.88 levels.

Pleistocene Epoch, known for its glaciers, wooly mammoths, and Neanderthals, ended just 12,000 years ago. Researchers now think that this cold period might have been caused by a space cloud blocking the Sun's warmth. As per the reports of 'Yahoo Entertainment', the researchers proposed that an interstellar cloud impacted the solar system about two million years ago. Earth and the other planets were forced to move outside the heliosphere—the Sun's shield of charged particles. Nature Astronomy published this study.

NASA shares image of ’suspicious’ redbelly turtle from Kennedy Space Center in Florida | See photoSoon after, another solar explosion, coronal mass ejection (a blast of energetic particles from the sun's surface) reached Mars.These energetic particles from the sun's surface hit the Martian surface, and NASA's Curiosity Rover captured the effect.The US space agency in a statement said on May 20, so much energy from the storm struck the Curiosity Rover's surface that its black-and-white images danced with 'snow' — white streaks and specks caused by charged particles hitting the cameras.Also read: On this day: Key events on June 10, from NASA’s Mars mission in 2003 to Benjamin Franklin’s kite experiment in 1752Unlike the Earth whose magnetic field traps energetic particles in the high atmosphere, Mars lost its protective magnetic field long ago, thereby impacting the Martian ground.The magnetic field helps shield the surface, and us, from radiations.Ever since the Curiosity Rover landed on Mars on 2012, the May 20 radiation was the highest ever measured."If astronauts had been standing next to NASA’s Curiosity Mars rover at the time, they would have received a radiation dose of 8,100 micro grays — equivalent to 30 chest X-rays," NASA said.Also read: NASA images: These 10 incredible photographs will blow your mindThat's not in itself a "deadly" amount, it explained, but "certainly something humans would not want to be exposed to, nor ever repeatedly exposed to".NASA has been planning to send astronauts to Mars as early as the 2030s under its Artemis program.

Aditya Birla Sun Life Mutual Fund launched one of India’s first global funds from Gift City (registered with the International Financial Services Authority or IFSC) last year. It had its first close in September 2023, raising $33 million, mostly from resident Indians and institutions. 

The wish and the response Canadian PM Justin Trudeau was among the several foreign leaders who sent congratulatory messages to PM Narendra Modi. Trudeau, however, made it a point to refer to human rights and rule of law. Modi chose to reply after four days unlike his quick reply to several other leaders and emphasised that ties need to focus on respect for each other's concerns and mutual understanding.

technical charts and options data hint at a bullish setup. According to technical analysts, Nifty is expected to continue its upward trajectory towards 23,560, followed by 23,890, with immediate support at 23,000. Analysts suggest Tata Motors, UltraTech Cement, Sun Pharma, McDowell, UBL, ITC, Marico, HUL, Tata Consumer, and Lupin for short-term trading.

MUMBAI : From the breath-taking plunge of 4 June, all it took for the stock markets to bounce back and scale fresh highs was three days. Benchmarks and broader market indices on Friday largely recouped their losses from earlier this week, when the markets saw their steepest crash in four years spooked by a narrower mandate for the Bharatiya Janata Party and the National Democratic Alliance in the Lok Sabha election.

solar cycle. This research took place at the Helmholtz Centre in Dresden Rossendorf and has now been published in Solar Physics.

Bank Nifty was up by 527.1(1.07%) at 06 Jun 2024 10:44:55 IST.Other stocks such as Secur Credentials, Compuage Infocom, Morarjee Textiles, Vaxtex Cotfab, GSS Infotech hit their fresh 52 wk lows today.

acrimonious, Hunter Biden has made some rude comments against his stepmother Dr Jill Biden who is also presently the First Lady of the US. This has been reported by the 'Sun' and only reveals a widening gap in the relationship of members of the Biden family. The 54-year-old who is accused of three counts of felonies after purchasing firearms in 2018 when he was addicted to crack cocaine is said to have unleashed a tirade of foul-mouthed abuses against the First Lady when she suggested that he undergo treatment for the addiction to narcotics. This has been reported by ‘The Mirror’

stocks across sectors like FMCG, auto, pharma/hospitals, private banks, capital goods, commodities, telecom, consumer durables, etc. may likely see a bounce back as the NDA looks set to retain power, says domestic brokerage firm Prabhudas Lilladher. Given expected focus on rural India and normal monsoons, sectors like consumer, auto, pharma, private banks, durables etc. might come to focus, wherein the domestic brokerage stated that it had recently increased weights in model portfolios.

Stocks to buy or sell: After the disappointing Lok Sabha Election 2024 results, the Indian stock market witnessed a heavy bloodbath on Tuesday. The Nifty 50 index witnessed the worst-ever intraday loss in over four years, as the 50-stock index crashed 1379 points and finished at 21,884.

Also Read: NFO Alert: Mahindra Manulife Mutual Fund launches Mahindra Manulife Manufacturing Fund; all you need to knowThis is an open-ended equity scheme investing in the financial services sector. Speaking on the launch, Samir Arora, Founder, Helios Capital, said, “Helios Financial Services Fund serves as an avenue to benefit from the robust growth potential of the Indian financial services sector and is suitable for investors looking for long-term wealth creation or investment in equities of companies engaged in financial services".The investment objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity-related securities of companies engaged in financial services.

new moon in Gemini will be there for three days, the day before, the day and the day after. It will occur on Jun 6, so it will be there from June 5 to June 7. How will it affect people of different zodiac signs? It is known to everyone that the moon goes through different phases each month, and a new moon is when it looks all but invisible from the Earth. According to astrology, the new moon affects people with different zodiac signs as they uniquely sync with them. However, the vibe from the new moon in Gemini will technically only last a few days.

LPL has broadened its footprint in the Sun Belt as it welcomes a breakaway advisor in New Mexico.