SUN Financial News

Reliance, HDFC Bank, TCS, and Infosys, among others offering low-risk and long-term growth investment options for investors. Hence, these funds are usually associated with lower risk than other types of equity funds. They provide stable returns over the long term.

Well, a Chinese zoo has found itself at the centre of such a weird controversy. The controversy started after a video of Hangzhou Zoo's star bear went viral. In the video, a black-coloured bear can be seen standing on its two hind legs while interacting with tourists by waving its paws.

The BSE Sensex was trading 82 points or 0.12% higher at 66,610. Nifty50 was trading at 19,771, up 17 points or 0.09% at around 9.20 am.

supermoon, known as the «Blue Moon.» Additionally, the Perseids meteor shower will be happening from July 14 to September 1, with the best nights to watch being August 12-13. Moreover, Saturn, the solar system's second-largest planet, will be highly visible on August 27, showcasing its iconic rings and some of its 83 moons.

J Robert Oppenheimer’s life story is one for the movies. Oppenheimer was a brilliant, ambitious, driven, exacting, anxious and guilt-ridden chemist turned theoretical physicist. Dissatisfied with laboratory work in chemistry at Harvard University, Oppenheimer received his PhD in theoretical physics at Germany’s University of Gottingen.

sun bears might be humans dressed in bear costumes, after a video of a bear standing on its hind legs sparked speculation online. The zookeepers released a statement from the perspective of Angela, a Malaysian sun bear, emphasizing that not all bears are large and menacing, and that sun bears are actually petite, being the smallest bear species in the world, according to reports. The video led to suggestions that the bear might be a person in a bear costume due to its slender legs and fur folds resembling a human. However, the zoo spokesperson refuted these claims, asserting that the bear in the video is real and that there is no deception happening at the state-run facility. He pointed out that a human wearing a bear suit in the scorching 40°C (104°F) summer temperature would not be able to last more than a few minutes before collapsing. To dispel further doubts, the zoo is arranging visits for reporters to witness the bears firsthand. Sun bears are relatively small, comparable in size to large dogs, standing at a maximum of 1.3 meters (50 inches) tall on their hind legs, unlike larger bear species such as grizzlies, which can reach up to 2.8 meters in height.

Hannah Spearritt, a former member of the chart-topping pop group S Club, has expressed her disappointment at being excluded from the band's reunion tour. She alleges that her bandmates have been given strict instructions not to communicate with her directly. The Sun tabloid quoted an inside source confirming the situation, revealing that Hannah was seemingly pushed out of the group without any clear explanation, according to reports.

World Cup in Australia and New Zealand is reaching a crucial stage, as the 32 qualified national teams are vying for the 16 spots in the Round of 16. The tournament's bracket has been predetermined by FIFA, and after the group stage, it will be a no-second-chances, straight knockout battle from the Round of 16 onwards. The excitement and intensity are building as the teams compete for glory and a chance to advance further in the tournament.

Sandip Sabharwal, asksandipsabharwal.com, says in the case of Delta, “if the government is hell-bent on killing the industry, then it makes no sense for us to hold that stock. That is my logic. With this kind of taxation that has been proposed, how can these businesses sustain? It is impossible.

Shawn Mendes, proudly displayed his well-toned abs. He spent quality time with a group of friends, donning a green swimsuit, while they embarked on a boating adventure in the scenic Mediterranean Sea. During the outing, Mendes and his friends engaged in leisurely activities, including taking refreshing dips in the sea. As they relaxed on the boat, Mendes shared something on his phone with his bikini-clad pals. The singer's tattoos were also on full display as he enjoyed the warm Spanish sun as he showed off his physique. Later, he added a white button-down shirt, a denim tote bag, and stylish black sunglasses to his vacation ensemble.

Maruti Suzuki and Kotak Mahindra Bank will trade ex-dividend, while Piramal Pharma's rights issue's ex-date is fixed this week. The ex-dividend date is when the price of the equity shares of a company gets adjusted for the dividend payout. It is one or two working days before the record date. All the shareholders whose names appear in the company's list by the end of the record date will be eligible to receive dividends.Brigade Enterprises (Rs 2/share), EIH Associated Hotels (Rs 5/share) Voltamp Transformers (Rs 60/share) and VRl Logistics (Rs 5/share) will trade ex-dividend on Monday 31st July. Whereas, DB Corp (Rs 3/share), Exide Industries (Rs 2/share), JK Cement (Rs 15/share), Rupa & Company (Rs 3/share), Sharda Cropchem (Rs 3/share) and SRF (Rs 3.6/share) will trade ex-dividend on Tuesday 1st August. On Wednesday 2nd August, Ador Welding (Rs 17.5/share), Bajaj Consumer Care (Rs 5/share), Crisil (Rs 8/share), Data Pattern (Rs 4.5/share), Hawkins Cookers (Rs 100/share), L&T (Rs 6/share), and Styrenix Performance Materials (Rs 24/share) will trade ex-dividend. Meanwhile, United Breweries (Rs 7.7/share), UPL (Rs 10/share), Bata India (Rs 13.5/share), Coforge (Rs 19/share), Honeywell Automation (Rs 95/share), Maruti Suzuki (Rs 90/share) and Usha Martin (Rs 2.5/share) will trade ex-dividend on 3rd August 2023. Also, Aditya Birla Sun Life AMC (Rs 5.25/share), Ajanta Pharma (Rs 25/share), Apar Industries (Rs 40/share), Kirloskar Industries (Rs 13.5/share), Berger Paints (Rs 3.2/share), BSE (Rs 12/share) and Kotak Mahindra Bank (Rs 1.5/share), Symphony, Timken India, and Kalyan Jewellers will trade ex-dividend on 4th August 2023.

Best-performing Flexi Cap Funds in 10 years (till July 28): Direct plans of as many as 10 Flexi Cap Mutual Fund schemes have given over 16% annualised returns in 10 years. The regular plans of these schemes have also given over 15% returns in this duration, as per data on the website of the Association of Mutual Funds in India (AMFI) tracked till July 28, 2023.

Sun Pharma is looking at high single-digit growth in its consolidated topline this fiscal on the back of robust performance from all its business verticals, according to company's Managing Director Dilip Shanghvi. The Mumbai-based company had reported a consolidated revenue of Rs 43,278 crore in 2022-23. «All our businesses are well-positioned, and we expect high-single-digit consolidated topline growth for FY24,» Shanghvi informed shareholders through company's Annual Report for 2022-23. He noted that the global pharmaceutical industry remains quite dynamic, and always buzzing with new avenues for capital deployment. Pursuing any one of these options can place considerable pressure on the balance sheet, he added. «Success is not guaranteed, and it is important for us that we remain thoughtful and selective in deciding which options to pursue. However, we will not shy away from making disproportionate investments to grow our businesses, should an opportunity present itself,» Shanghvi said. The drug maker is currently sitting on a net cash position of around USD 1.5 billion, he said.

NASA's Voyager 2 spacecraft, currently in interstellar space, is facing communication difficulties caused by an antenna misalignment. Due to this issue, the National Aeronautics and Space Administration's Voyager 2 spacecraft is unable to receive commands or transmit data back to Earth. However, NASA remains hopeful that the problem will be resolved during the next orientation reset scheduled for October.

News Corp Australia is pitching its special coverage of the Indigenous Voice to parliament as an “educational series” that will “empower our readers” and explain the causes of disadvantage, according to leaked material outlining how much the company’s mastheads will charge for advertising.

Tesla is ramping up efforts to open showrooms on sovereign tribal lands to sell directly to consumers

The week ahead is also expected to be a busy one for Dalal Street investors, as a slew of companies are scheduled to release quarterly earnings. This is likely to keep action extremely stock-centric. Moreover, foreign investors have slowed down their pace of buying. While the overall trajectory for markets remains positive, consolidation is likely on cards after the strong rally in the recent months. “In the coming days, domestic earnings will remain a crucial driver, while global cues will also play a vital role in shaping market trends,” said Vinod Nair, head of research, Geojit Financial Services.

Southern California, residents are seeking respite in their backyard pools. But it seems that even wild visitors are tempted by the idea of a refreshing dip. Recently, police in Burbank responded to an unusual report of a bear sighting in a residential neighborhood, where the curious creature was found indulging in a Jacuzzi behind one of the homes.

New Hampshire this Saturday, leading to the issuance of a severe thunderstorm warning in parts of Hillsborough, Merrimack, Rockingham, and Strafford counties. The warning was in effect till 3:15 pm local time, amidst another hot and humid day in the southern half of the state, where a severe thunderstorm watch was in place until 9 pm. Storms began developing early in the afternoon, and there were possibilities of more intense ones later in the day.

By Brendan O'Brien

US Federal Reserve, Indian equity indices opened lower on Friday, dragged by banking and financial stocks. The BSE Sensex was trading 211 points or 0.32% lower at 66,055. Nifty50 was trading at 19,619, down 41 points or 0.21% at around 9.24 am.