SUN Financial News

Meghana Malkan, Malkansview.com, says “there are two sectors that I would go by. One is the realty sector, the other is the pharma sector. Some kind of trade is being set in these two sectors. For example, when it comes to pharma, Zydus Lifescience is something I would be looking at. I will also be looking at Sun Pharma. Lupinis the third one.”. Let us talk about the market. It is pretty quiet, isn't it? We have been consolidating for a while now. We have seen these sharper moves towards the day and otherwise. But what is your view? What are you making of the moves coming in the markets? Will we see a prolonged phase of consolidation after hitting new highs? Meghana Malkan: Yes, we have been consolidating, but we are consolidating with the weakness at base. For example, if you talk about Nifty, I see very strong resistance coming at 22,200 and there are divergences on momentum indicators that makes Nifty on the weaker side. But where I see more weakness is in Bank Nifty. Bank Nifty is way weaker than Nifty and I believe it has a potential to go all the way down to 45,700. So, this is how I read both the indices.

Japan's first moon lander responded to a signal from Earth, suggesting it has survived a second freezing weekslong lunar night, Japan's space agency said Monday. JAXA called the signal, received late Sunday night, a «miracle» because the probe was not designed to survive the lunar night, when temperatures can fall to minus 170 degrees Celsius (minus 274 degrees Fahrenheit). The craft, Smart Lander for Investigating Moon, or SLIM, made a «pinpoint» touchdown on Jan. 20, making Japan became the fifth country to successfully place a probe on the moon. But the probe landed the wrong way up, with its solar panels initially unable to see the sun and had to be turned off within hours.

JAXA called the signal, received late Sunday night, a “miracle" because the probe was not designed to survive the lunar night, when temperatures can fall to minus 170 degrees Celsius (minus 274 degrees Fahrenheit). The craft, Smart Lander for Investigating Moon, or SLIM, made a “pinpoint" touchdown on Jan.

For the first time in four years, Canadians will mark Feb. 29 this Thursday.

Also Read-Stock market today: Vodafone Idea shares dip ahead of board meeting to discuss fundraising. Buy or sell? Analysts at Motilal Oswal Financial Services said that aggregate net profit for pharma companies under their coverage universe were up 15.5% YoY in 3QFY24. Aggregate growth for domestic formulation was 12% y-o-y for companies under BNP Paribas coverage, which is highest in the last seven quarters.

Reliance Industries: Walt Disney and Reliance Industries have signed a binding agreement to merge their media operations in India, a Bloomberg report quoted people familiar with the matter. The report said billionare Mukesh Ambani-led Reliance Industries is expected to own a 61% stake in the merged entity as Disney reassesses its strategy in India amid intense competition. The distribution of shares among the partners could undergo alterations based on the inclusion of Disney's additional local assets at the time of finalizing the deal, the report said.

MUMBAI , NEW DELHI : Culver Max Entertainment (earlier Sony Pictures Networks India) and regional broadcaster Sun TV Networks have begun initial discussions to purchase a strategic stake in Arha Media & Broadcasting, which runs the South Indian video streaming platform aha. Arha Media, a joint venture between Geetha Arts and My Home Group, has roped in KPMG Corporate Finance as a strategic adviser, said three people familiar with the development.

ALSO READ: Cold Moon 2023: What is it and when to see the last full Space.com explained that most of the time, the Moon is illuminated by the sun's light. "Once in a while, the moon's orbit carries it within the shadow of Earth.

NPS) subscribers have the choice to select from various pension fund managers and investment options based on their preferences. There are ten pension funds operating in the country. Among them are seven private pension managers, namely Axis Pension Fund, Aditya Birla Sun Life Pension, HDFC Pension, ICICI Prudential Pension, Kotak Mahindra Pension, Max Life Pension, and Tata Pension Management.

McNealy was musing about the «price to sales» ratio — an important measure of a company's value relative to how much cash it generates. A high ratio can be justified if investors think a company has room to grow; a low ratio typically signals that investors think the company is accurately valued.

Dividend stocks: Shares of Bosch Ltd, National Aluminium Co. Ltd, Sun Tv Network Ltd, Bharat Forge Ltd, Kirloskar Oil Engines Ltd, Cantabil Retail India, Aegis Logistics Ltd, BLS International Services Ltd, India Nippon Electricals Ltd, Career Point Ltd, Dynamatic Technologies Ltd, Gretex Corporate Services Ltd, Garden Reach Shipbuilders & Engineers Ltd, Modison Ltd, Nicco Parks & Resorts Ltd, Nirlon Ltd, Sandesh Ltd, Saurashtra Cement Ltd, Taparia Tools Ltd, United Drilling Tools, Xchanging Solutions Ltd, Zydus Lifesciences Ltd, Kaveri Seed Company Ltd, and Remedium Lifecare Ltd will be in focus when the stock market opens on February 23 (Friday). The Board of Directors of these companies have declared interim dividend, shares buyback, and stock split for their eligible shareholders.

Buy or sell stocks for today: On account of sharp selling in small and mid-cap stocks, the Indian stock market opened lower on Thursday. However, bulls came back strongly in the last session and most of the Indian sectors witnessed sharp buying, which helped Dalal Street recuperate its losses and end higher.

By Steve Gorman and Joey Roulette

e Union Budget's annual Gender Budget Statement, initiated in 2005-06, reflects this growing focus, expanding from 14 to 38 ministries by 2024-25. With a 28% increase in female enrolment in higher education over a decade, gender diversity takes centre stage, signalling progress towards inclusivity and empowerment. Global Capability Centres (GCCs) play a pivotal role in advancing DEI, with potential to spearhead India's mission for diversity, equity, and inclusion.

Tom Cruise and Elsina Khayrova's romance has come to an end. According to a source speaking to The Sun US, their relationship has naturally reached its conclusion, with no animosity between them. Following a string of dates in February, the 61-year-old Hollywood star of "Mission Impossible" and his 36-year-old Russian socialite girlfriend have decided to part ways amicably, particularly since they both reside in the same London block. Despite attending a charity gala dinner in London to support the Air Ambulance Charity, they arrived separately, hinting at the shift in their relationship status.

Bounce Infinity has announced a significant limited-period price reduction of 21 percent on its E1+ range of electric scooters. Starting now, customers can buy Bounce Infinity e-scooters at a reduced ex-showroom price of Rs 89,999, saving a substantial Rs 24,000 from the original price of Rs 1.13 lakh.

MakeMyTrip (MMT) on Thursday inked a Memorandum of Understanding (MoU), to further turn Goa in a year-round destination, moving beyond its iconic sun, sand, and beaches. The one of a kind public-private partnership aims to outline a series of innovative initiatives to showcase Goa's lesser-known inland treasures, its rich cultural tapestry and delectable culinary traditions, is the next step ahead. As part of this pact, MMT plans to broaden the reach and appeal of the coastal state by bringing to the table its expertise in digital innovation and marketing. The Tourism Minister of Goa emphasized the government's commitment to transforming Goa, the first state to launch Regenerative Tourism initiative. This particular initiative of the state government has Ekadasha Teertha campaign, where they are connecting eleven places of worship to form a travel circuit.

moment in the sun. Rock-bottom interest rates lowered the cost of clean power, which is expensive to deploy but runs on sun and wind that come free of charge. The price of solar panels and wind turbines fell as technologies matured and manufacturers gained scale.

Siemens, one of the world’s biggest wind turbine makers, points out that “energy bills will have to keep rising to pay for the green transition." (bit.ly/48qpYmx) A recent Bloomberg article (bloom.bg/3T60wyq) noted, “Affordable power is a key precondition for industrial competitiveness, and even before the end of Russian gas supplies, Germany had some of the highest electricity costs in Europe. Failure to stabilize the situation could transform a trickle of manufacturers heading elsewhere into a stampede." The article goes on to cite the OECD that “no major industrialized economy has ever had the very basis of its competitiveness and resilience so systematically challenged by changing social, environmental and regulatory pressures." In surveys, energy security and costs are cited as the major reasons for German businesses to move abroad. It is often claimed that the shift to renewables makes countries more energy secure, but most clean energy supply chains are dominated by China (tinyurl.com/y59rke62), leaving future green energy heavily dependent on one supplier.

quasar with a black hole at its heart growing so fast that it swallows the equivalent of a sun a day.The record-breaking quasar shines 500 trillion times brighter than our sun. The black hole powering this distant quasar is more than 17 billion times more immense than our sun, an Australian-led team reported Monday in the journal Nature Astronomy.While the quasar resembles a mere dot in images, scientists envision a ferocious place.The rotating disk around the quasar’s black hole — the luminous swirling gas and other matter from gobbled-up stars — is like a cosmic hurricane.“This quasar is the most violent place that we know in the universe,” lead author Christian Wolf of Australian National University said in an email.The European Southern Observatory spotted the object, J0529-4351, during a 1980 sky survey, but it was thought to be a star.

Buy or sell stocks for today: On account of the participatory rally in majority segments, the Indian stock market ended higher for the fifth straight session. The Nifty 50 index hit a new high of 22,186 before ending at 22,122 level.