SUN Financial News

10.02 / 08:07
UPS Waters SUN Research stars rights NASA spots Super-Earth, says ‘right temperature for water to form’. But is it habitable?
NASA said, "That’s the distance from the star that could give the planet the right temperature for liquid water to form on its surface." However, “Several other factors would have to line up, of course, for surface water to be present, especially having a suitable atmosphere." TOI-715 b orbits closely to its star in 19 days. However, scientists don't think its a hellish as unlike other hot exoplanets, its star, a red dwarf, is cooler and smaller than the Sun, suggesting different conditions. Researchers published the planet's detection in the Monthly Notices of the Royal Astronomical Society.
10.02 / 05:23
markets Target SUN Analysis Align Trade recommendations Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday — 12th Feb
Buy or sell stocks: After witnessing a sharp sell-off on Thursday, the Indian stock market shifted into a sustainable upside bounce from the lows and closed higher on Friday. The Nifty 50 index gained 64 points and closed at the 21,782 level, the BSE Sensex went up 167 points and closed at the 71,595 mark while the Nifty Bank index shot up 622 points and finished at the 45,634 level. However, broad market indices continue to remain weak.
09.02 / 19:53
COST UPS SUN wellness trends performer Pramod Amthe is selective in midcaps; betting on 4 pharma stocks
Pramod Amthe, Head of Institutional Equity Research, InCred Capital, says “in recent times, private banks have been raising deposit rates to mobilise deposits which can be a pressure on NIM in the short term. So, the earlier sign to look at is some stability in deposit rates or the easing of deposit rates, so the cost of funds can be relatively favourable for the private banks. Till then, the PSU flavour may remain for some time to come.” I want to start by talking about the pharma pack as a whole, that is the defensive side. Everyone is looking at that as well. A lot of moves came in from Sun Pharma's side. On the smaller side, we have Orchid Pharma, which is seeing a move as well. How are you viewing pharma as a pack and is there anything specific that you are finding attractive? Pramod Amthe: If you look at the recent trends, the pricing erosion in the US seems to be stabilising. Shortages are happening and hence pricing comfort is coming back. The better way to play there is Sun Pharma and Aurobindo which we like. The other trend is domestic outlook for the growth for pharma seems better for the second half (H2) as compared to the first half (H1). The proxy there which we are trying to play is Torrent and Ajanta.
09.02 / 19:35
markets Provident Digital SUN Entertainment blues With Rs 10,000 monthly SIP, this Fund generates more than Rs 3 cr in 23 years!
Aditya Birla Sun Life Digital India Fund has generated more than Rs 3 crore with a monthly Systematic Investment Plan (SIP) of Rs 10,000 in the last 23 years. That implies a compounded annual growth rate (CAGR) of 17% during the same time, according to Aditya Birla Sun Life AMC Ltd (ABSLAMC), a subsidiary of Aditya Birla Capital Ltd and investment manager for Aditya Birla Sun Life Mutual Fund.
09.02 / 18:56
SUN Allianz reports Department Investigations Insurance companies under IT scanner, likely to receive tax notices worth ₹25,000 crore: Report
₹25,000 crore in the coming months, reported Moneycontrol. Also Read: Financial services secy meets private insurers, discusses key issues According to the MC report, the Central Board of Direct Taxes (CBDT) is doing a reassessment of the tax paid by insurance companies in certain years before April 1, 2023. All the income tax notices will be sent to the insurance companies which paid extra commission during the period, by March this year.
29.01 / 11:27
SUN Fighting President reports gatherings Videos Maldivian President Mohamed Muizzu to face impeachment motion in Parliament: Report
Also Read: Maldives news: Opposition MPs engage in fight during parliamentary proceedings, video goes viral The main opposition party of the Maldives, the Maldivian Democratic Party (MDP), which holds a majority in Parliament, has gathered enough signatures to submit a motion to impeach Maldivian President Mohamed Muizzu, reported ANI citing local media outlets on Monday. The MDP in partnership with the Democrats have gathered signatures for an impeachment motion, according to ‘The Sun’ report.
29.01 / 07:33
UPS FIVE SUN Matrix Trade information F&O stocks: MCX, Shriram Finance among 5 stocks with long buildup
In Monday’s trading session, the following five stocks witnessed a build of fresh long positions. Let us first understand how this conclusion is reached, whether the stock has seen a buildup of fresh long position or not.
29.01 / 03:23
FIVE SUN track rock week Alert! Series of ‘FIFA stadium’ sized asteroids to pass Earth this week. Details here
FIFA-accredited stadium". The largest of the five, Asteroid 2008 OS7, was first spotted in 2008 by NASA. It will zoom past Earth on 2 February, 2024, at a distance of 1.77 million miles, which is relatively close in cosmic terms.
29.01 / 02:35
SUN security Enterprise Whirlpool electronic Pharmaceuticals Q3 results today: Adani Green, Tata Motors, NTPC, LT, GAIL, ITC to BEL — over 900 companies to post Q3 results 2024
Q3 results today: Over 900 companies, including industry leaders such as Aditya Birla Sun Life AMC Ltd, Adani Green Energy Ltd, Bajaj Finance Limited, Bharat Electronics Ltd, GAIL (India) Ltd, ITC Ltd, Larsen & Toubro Ltd, Marico Ltd, NTPC Ltd, Piramal Enterprises Ltd, SRF Ltd, Sun Pharmaceutical Industries Ltd, Tata Motors Ltd, UPL Limited, and Whirlpool of India Ltd, are slated to unveil their financial results for the third quarter on January 29. In the last trading session on January 25, the BSE Sensex dropped 360 points, reaching 70,701, and the Nifty 50 witnessed a decline of 101 points, closing at 21,353.
28.01 / 23:55
markets SUN Enterprise Food Healthcare stars International week Q3 results this week: Bajaj Fin, ITC, L&T, Tata Motors, Adani Enterprises among others to declare earnings. Full lis
Market cap of 7 out of top 10 most valued firms decline by ₹1.16 lakh crore; HDFC Bank biggest laggard ITC, Bajaj Finance, NTPC, Adani Green Energy, Bharat Electronics, Punjab National Bank, GAIL, Bharat Petroleum, Corporation, Vodafone Idea, Marico, Petronet LNG, Nippon Life India Asset Management, Tata Investment Corporation, Piramal Enterprises, R R Kabel, Aditya Birla Sun Life AMC, Maharashtra Seamless, Nuvoco Vistas Corporation, Godfrey Phillips India, Jaiprakash Power Ventures, UTI Asset Management Company, Latent View Analytics, Garware Technical Fibres, CSB Bank, Restaurant Brands Asia, Muthoot Microfin, Mahindra Logistics, Heritage Foods, Venus Pipes & Tubes, Apollo Pipes, Jindal Drilling & Industries. L&T, Bajaj Finserv, Adani Total Gas, Dr Reddys Laboratories, Bajaj Holdings & Investment, SRF, Astral, PB Fintech, KPIT Technologies, Mahindra & Mahindra Financial Services, Coromandel International, Voltas, Star Health and Allied Insurance Company, Cochin Shipyard, Apar Industries, JBM Auto, Gillette India, Blue Star, Piramal Pharma, Shyam Metalics and Energy, Kaynes Technology India, KEC International, Arvind, VIP Industries, Jubilant Ingrevia, Triveni Engineering & Industries, Symphony, Strides Pharma Science, Jaiprakash Associates, TeamLease Services, J Kumar Infraprojects, New Delhi Television.
26.01 / 10:19
FIVE SUN Action Interface ISRO successfully deploys magnetometer boom on board Aditya-L1 spacecraft
ISRO has successfully deployed the magnetometer boom on board the Aditya-L1 satellite to measure the low intensity interplanetary magnetic field in space. The six metre-long magnetometer boom is deployed in the Halo orbit at the Lagrange point L-1, on January 11, the space agency said, noting that the boom had been in stowed condition for 132 days since the Aditya-L1 launch.
24.01 / 08:05
Provident Aware SUN Celebrity country rights National Girl Child Day 2024: Is equity mutual fund better than Sukanya Samriddhi Yojana (SSY) for your daughter?
National Girl Child Day is celebrated in the country on January 24 every year to provide support and opportunities to the girls of India. It aims to promote awareness about the rights of the girl child and to increase awareness on the importance of girl education, and their health and nutrition, and also to promote the girls' position in society to make their living better.
23.01 / 21:43
Progressive SUN Fox reports Sun rises in this town after 2 months. Details here
Utqiaġvik in Alaska are set to witness their first sunrise of 2024 on Tuesday, marking the end of a prolonged period of darkness that lasted for 66 days. The polar night commenced on November 18, with the sun disappearing from the sky in this town located 500 miles north of Fairbanks. As daylight returns, it symbolizes the gradual shift in seasons and the resumption of a more regular day-night cycle in Utqiaġvik, as per a Fox report. Situated within the Arctic Circle, Utqiaġvik, formerly known as Barrow, made a significant change nearly a decade ago by reverting to its traditional Alaska Native name. This decision reflects a broader cultural embrace of indigenous identity and heritage in the town's nomenclature.
23.01 / 18:01
Progressive SUN Parke ICE Courts open Australian Novak Djokovic marches closer to 11th Australian Open title, battles past Taylor Fritz in four sets
Novak Djokovic carried on with his bid for a record that extended the 11th Australian Open title with a successful win over Taylor Fritz, the 12th American seed. The Serb searched for a 25th Grand Slam to move past the record of 24 by Margaret Court, winning 7-6 (7-3) 4-6 6-2 6-3 in warm weather conditions to reach the semi-finals.
23.01 / 10:57
markets UPS SUN Sony fall Stock market today: Nifty 50, Sensex fall over 1.5%; mid, smallcaps bleed; investors lose over ₹8 lakh crore in a day
Zee share price tanks 33%, erases over ₹7k crore mcap as Sony calls off merger; brokerages downgrade stock The losses in midcaps and smallcaps were even deeper as the BSE Midcap and Smallcap indices ended with losses of nearly 3 per cent each. The overall market capitalisation of the BSE-listed firms plunged to nearly ₹366 lakh crore from nearly ₹374.4 lakh crore in the previous session, making investors lose about ₹8.4 lakh crore in a single session.
23.01 / 08:41
SUN Action Entertainment Enterprise Sony recommendations Zee Entertainment share price tanks more than 25%: Mutual funds loose more than ₹1900 crore in a day
Zee Entertainment Enterprises share price saw sharp decline of more than 25% on the NSE and the BSE, post Sony ended its merger agreement and demanded $90 million in termination fee. As the stock erased more than ₹5000 Crore market-cap, all investors including Mutual funds were at the receiving end.
23.01 / 05:53
markets UPS SUN Trade Updates Pharmaceuticals Stock market update: Nifty Pharma index advances 2.39% in a weak market
Want to take exposure to a sector which grows much faster than GDP
23.01 / 02:53
Target SUN Research show track reports ISRO's Vikram lander, Chandrayaan-3 gets pinged by retroreflector from NASA spacecraft
Chandrayaan-3 mission, the US space agency said, on January 24. "We've showed that we can locate our retroreflector on the surface from the Moon's orbit," said Xiaoli Sun, who led the team at NASA's Goddard Space Flight Center, that developed the retroreflector on Vikram as part of a partnership between NASA and Indian Space Research Organization (ISRO), as reported by PTI.
23.01 / 01:43
markets BLOCK SUN Entertainment Enterprise Sony Trade open Zee stock may open 10% lower as sentiment sours
MUMBAI : Shares of Zee Entertainment Enterprises Ltd may open 10% lower on Tuesday and fall further, market participants said, as the termination of its merger with Sony Corp. group’s Indian entity sparks block deals and liquidation of long positions. Mutual funds including Aditya Birla Sun Life MF, Kotak MF, ICICI Prudential MF and Nippon India MF, hold 32.49% of Zee’s equity, while insurance companies like Life Insurance Corp., SBI Life and HDFC Life Insurance Co., hold 10.66% and foreign portfolio investors, including Norges Bank and Vanguard, etc., hold 28.19% as of the December quarter end.
22.01 / 20:45
UPS SUN Continental cover Northern lights to be observed in over a dozen states in US on Monday night — Where and how to watch?
northern lights or aurora borealis being noticeable in certain US states. It was observed by the NOAA's Space Weather Prediction Center on Saturday that a corneal mass emission or a discharge of solar material elevating off of the sun. It is predicted to be causing up to average geomagnetic storming.
21.01 / 15:07
Citi Provident SUN Parke Research Universities Ayodhya's ancient past has a modern connection — renewable energy
Surya Tilak". An intricate network of lenses and mirrors will be used in the sanctum sanctorum of the Ram temple in Ayodhya to channel a ray of sunlight on the forehead of Ram Lalla at 12 noon for about six minutes on the ninth day of the Chaitra month which marks Lord Ram's birth.

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