SUN Financial News
01.01 / 18:01
01.01 / 00:03
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Indian companies sit on a cash mountain—will shareholders reap the rewards?
Subscribe to enjoy similar stories. A bunch of top companies is hanging on to almost ₹1 trillion of free cash that it has yet to find a use for, according to an analysis done by a proxy advisory firm. A report by Mumbai-based IiAS (Institutional Investor Advisory Services) of the Sensex 500 companies—with a few exclusions—shows that 66 of these companies collectively held ₹2.7 trillion in cash and equivalents at the end of FY24.
31.12 / 19:47
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PAM
Massive dent in Earth's magnetic field, will this anomaly hurt humans and all? NASA on high alert over
Earth's magnetic field has NASA on high alert. Charged particles from the Sun are repelled and trapped by Earth's magnetic field, which surrounds the planet like a shield. A changing dent in the Earth's magnetic field that extends from South America to southwest Africa has been monitored by NASA.
31.12 / 15:37
30.12 / 04:21
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Stocks to buy: Ankush Bajaj recommends three stocks for today—30 December
Subscribe to enjoy similar stories. Nifty and Bank Nifty: The Indian stock market closed with gains, led by the auto and financial sectors. The Nifty 50 index rose by 0.27%, adding approximately 63 points to close at 23,813.40.
30.12 / 01:05
markets
Digital
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performer
Aditya Birla Sun Life Frontline Equity Fund review: The mutual fund is heavily diversified but should you invest?
mutual funds. We examine the key fundamentals of Aditya Birla Sun Frontline Equity Fund, its portfolio and performance to help you make an informed investment decision. BASIC FACTS DATE OF LAUNCH
27.12 / 04:39
Target
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Trade
Justice
Department
How China turns members of its diaspora into spies
Subscribe to enjoy similar stories. AMONG EXILED Chinese dissidents, Tang Yuanjun was well known. He had participated in the Tiananmen Square protests of 1989 and landed in prison as a result.
27.12 / 03:47
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Stocks to buy today: Sun Pharma, Lupin among top 6 trading ideas for 27 December 2024
Indian market is likely to trade higher on Friday, tracking positive global cues. The Nifty futures closed in the negative with losses of 0.09%, at the 23,748 levels on Thursday.
26.12 / 12:23
25.12 / 12:53
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Strategy
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economy
isolate
Courts
Minimal toilet breaks, alarm clock curbs: Chinese tricksters take cue from Squid Game to prey on the indebted
Squid Game, fraudsters are preying on the financially distressed in a slumping economy with promises of prize money, debt restructuring and other schemes that are not always what is promised.
25.12 / 02:13
markets
SUN
Research
Healthcare
Trade
performer
Drug companies in pink of health, further upside expected
healthcare companies boosted by their status of being sound bets in challenging stock market conditions. Analysts expect many of these stocks to extend recent gains as improved sector prospects and a slowdown in the domestic economy could continue to drive investor appetite for companies with global exposure. Nifty's Pharma and Healthcare indices have gained 1.7% and 2.6% respectively in the past month, while the benchmark Nifty declined 2% in this period.
24.12 / 14:13
24.12 / 13:03
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PAM
This Christmas, the fastest human-made object will pass the sun at 430,000 mph—250 times faster than a bullet
NASA’s Parker Solar Probe made history by passing closer to the sun than any previous mission while setting a new speed record for human-made objects. The spacecraft flew within 3.8 million miles of the sun’s surface, traveling at an unprecedented speed of 430,000 mph.
24.12 / 03:09
23.12 / 23:09
Art
SUN
Strategy
Nintendo
social
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Did Nintendo copy "Black Myth: Wukong," the high-profile video game that earned superstar status in China? Fans vent ire on social media, want ban
Black Myth: Wukong' has landed into their store, and has been viewed by thousands of users before its upcoming launch.
23.12 / 15:37
23.12 / 05:25
markets
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SUN
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exclusive
Pharmaceuticals
Weight-loss drugs: A game changer for India’s top pharma companies
Subscribe to enjoy similar stories. Over 650 million adults globally suffer from obesity, and this number is only expected to rise. Simultaneously, the market for weight-loss drugs is experiencing a revolutionary shift, driven by advances in treatments like Ozempic, Wegovy, and Zepbound—three drugs that are showing remarkable results in combating obesity.
22.12 / 20:05
SUN
Matthews
Food
community
wellness
Features
How the nativity reminds us of our responsibilities towards animals
The Bible doesn’t mention animals at the birth in Bethlehem. A text called the Gospel of Pseudo Matthew, now not considered Biblical, mentions an ox and an ass. St Francis invoked this in the Italian village of Greccio in 1223, creating the first Nativity tableau of Christ’s birth. He wished to emphasise Christ’s humble origins and importance for all the world, not just humans. “Laudato sie, mi Signore, cum tucte le Tue creature,” he wrote in his Canticle of the Sun: “Be praised, my Lord, through all your creatures.” In time, Nativity scenes included other animals, like the sheep of the shepherds and the camels of the Magi. In other parts of the world, local animals also feature, like elephants in India, llamas in Peru and kangaroos in Australia. Oddly, pigs rarely appear in Nativity scenes. An important reason for Christianity’s success was discarding food-related taboos, like the one on pork enforced in Christ’s own Jewish community. Yet, pigs seem out of place. Does an animal raised only to be killed feel inappropriate in a scene devoted to new life?
20.12 / 03:15
20.12 / 00:51
SUN
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Large-caps likely to deliver better risk-adjusted returns
risk-adjusted returns than mid- and small-cap indices in 2025, driven by higher earnings growth and relatively attractive valuations, according to HDFC Securities. The brokerage remained overweight on large banks, top-tier IT, consumer durables, capital goods, real estate, cement, and building materials sectors while maintained an underweight stance on auto, consumer staples, oil & gas, mid-cap IT, small banks, and NBFCs.
19.12 / 08:15
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wellness
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Experts
Not keen on realty stocks for investment, prefer M&M to Tata Motors: Hemang Jani
Hemang Jani, Independent Market Expert, says realty stocks have run up quite a lot. Once there is a bit of a lull in terms of the new project launches or the sales that they are doing, the market could react a bit negatively because it is a high beta sector. So, for momentum play, quarterly numbers play, Jani would be positive on Lodha and DLF, but he is not comfortable buying them from an investment perspective. Jani also says he would stay away from Tata Motors and if he has to bet, he would go with M&M which looks to be a much better, cleaner bet at this point of time. This has been a year of consolidation for the cement sector. At the end of 2024, there are fewer players than there were at the start of 2024. But the issue is that a lot of other segments also have not played well with the cement sector, especially on the pricing front. Hemang Jani: The sector has been going through a slowdown and despite the consolidation with two major players commanding about 75-80% of the capacity, when you look at the operating performance it has not been the best that one can really expect, but there is a sense that following a pickup in infra and the government spending and the rural side recovery, we might see good growth coming back.
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