Rex Cano

Rex Cano

Rex Harrison Cano, part of Business Standard's online markets team, has over 25 years of experience, primarily in business journalism, tracking and analysing the Indian stock market. An avid market enthusiast and an expert technical analyst, Rex believes that charts and numbers come to life to tell stories of past and possible future journeys.

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Rex Cano

Adani Ports hits new life-time high; Emkay lifts target price by 5%

Analysts at Emkay believe that MSC's stake buy in Adani Vizhinjam Port improves Adani Ports revenue visibility, can aid the volume trajectory and positions it to capture transshipment opportunities.

Updated On: 01 Jul 2026 | 11:44 AM IST

Nifty: Market experts say breakout from consolidation zone to set trend

Market analysts highlight that the Nifty has been consolidating in the 23,800-24,200 range in recent trading sessions, a breakout in either direction could set the trend in July 2026.

Updated On: 01 Jul 2026 | 8:53 AM IST

Swiggy hits new all-time low, down 8% in June; JM Financial lowers target

Analysts at JM Financial believe that 1QFY27 will reinforce the widening divergence between Blinkit and Instamart, with the former likely to outperform; they lowered target price on Swiggy to ₹250.

Updated On: 30 Jun 2026 | 10:52 AM IST

Nifty expiry day strategy: Analysts flag key support, resistance levels

Analysts believe that significant Call Open Interest concentrated at 24,000, 24,100 and 24,200 Strikes suggests likely resistance around these levels.

Updated On: 30 Jun 2026 | 8:30 AM IST

Why is Bajaj Broking bullish on Eternal stock? Check the reasons here

Analysts at Bajaj Broking highlight two key breakouts on Eternal stock chart; one above the falling trend line and other above the 50-day EMA, for its bullish stance on the stock.

Updated On: 29 Jun 2026 | 1:26 PM IST

Aurobindo Pharma nears all-time high, up 30% in 4 months; more upside left?

Aurobindo Pharma stock hit a 52-week high at ₹1,585, and quoted close to its record high of ₹1,592 hit in September 2024. HDFC Securities maintains 'Add' rating on the stock.

Updated On: 29 Jun 2026 | 11:30 AM IST

ITC can rally up to 13%; key momentum indicator flags 'Buy': Bajaj Broking

Analysts at Bajaj Broking said the monthly stochastic rebounded from oversold territory and generated a 'Buy' signal, suggesting a likely positive bias going ahead.

Updated On: 25 Jun 2026 | 2:16 PM IST

IndiGo up 24% in June; on course to log biggest monthly gain in over 7 yrs

On Thursday, IndiGo stock rallied nearly 5% as crude oil prices dipped below US-Iran war levels. The airline stock logged its biggest monthly rally in March 2019.

Updated On: 25 Jun 2026 | 12:21 PM IST

Vedanta, NALCO, Hind Zinc: Metals stocks dip up to 3%; here's why

A sell-off in precious metals, especially Silver, owing to strength in the US dollar and hawkish US Federal Reserve stance, triggered selling pressure in metal stocks on Thursday, say analysts.

Updated On: 25 Jun 2026 | 10:38 AM IST

Sensex rebounds, up 1,000pts intra-day; Nifty atop 24,000; key reasons here

Private banking and select IT stocks led market pullback on Wednesday as lower oil prices, and hopes of India-US trade deal lifted sentiment.

Updated On: 24 Jun 2026 | 1:35 PM IST

Bajaj Auto slips nearly 3%, trades ex-date for share buyback; time to buy?

Bajaj Auto's largest share buyback worth ₹5,633 crore at ₹12,000 per share will open on July 1; shareholders who hold shares as of today (June 24) will be eligible to participate in the buyback.

Updated On: 24 Jun 2026 | 10:12 AM IST

Vedanta, NALCO, Hindalco down up to 20% in June; metals rally under threat?

In Tuesday's trade, metal stocks led by Vedanta tumbled up to 7 per cent. National Aluminium, Hindustan Zinc, Hindalco and Jindal Steel were the other major losers.

Updated On: 23 Jun 2026 | 12:45 PM IST

This tech indicator suggests market is at crossroads; what to expect next?

An analysis of Nifty 500 stocks, reveals that nearly 50 per cent of the shares trade on either side of the long-term 200-day moving average; thus suggesting that the market is at crossroads currently.

Updated On: 23 Jun 2026 | 10:00 AM IST

Breakout stock: Religare Enterprises can jump up to 13%, says Bajaj Broking

Analysts at Bajaj Broking flag that Religare Enterprises has given a breakout on the weekly chart, with the stock price moving above a falling supply zone line.

Updated On: 22 Jun 2026 | 1:55 PM IST

RIL AGM outcome: Tech analyst sees up to 13% upside in the stock

Ajit Mishra of Religare Broking believes that the recent pullback in RIL stock is showing signs of recovery, and adds that a breakout above ₹1,380 could signal a trend reversal.

Updated On: 22 Jun 2026 | 11:15 AM IST

Aurobindo Pharma stock jumps 2% after US FTC approves Lannett acquisition

Aurobindo Pharma received necessary approval from the US Federal Trade Commission (FTC) for the acquisition of the Lannett business.

Updated On: 19 Jun 2026 | 11:52 AM IST

Reliance up marginally ahead of AGM; Motilal Oswal reiterates 'Buy' rating

Ahead of 49th RIL AGM: RIL stock was up 0.3 per cent in early deals on Friday, even as benchmark indices declined around 1 per cent each amid IT-led sell-off.

Updated On: 19 Jun 2026 | 10:21 AM IST

GRSE, Paras, Zen Tech: Analyst sees up to 54% upside in 3 defence stocks

Defence stocks to buy: Muthuselvaraj of Mirae Asset Sharekhan explains that Paras Defence is showing an uptrend, trading with higher top, higher bottom pattern after breaking from consolidation zone.

Updated On: 19 Jun 2026 | 9:14 AM IST

SBI, BoB, Union Bank: How to trade PSU bank stocks after 15% rally in June?

Hitesh Tailor, technical research analyst at Choice Broking expects up to 15 per cent additional gains in SBI, Bank of Baroda and Union Bank of India from here.

Updated On: 18 Jun 2026 | 12:24 PM IST

Stocks to buy under ₹50: Analyst recommends Ola Electric, CBI, UCO Bank

Stocks to buy below ₹50: Om Mehra, technical research analyst believes that Ola Electric stock can surge another 24% toward the ₹53-₹54 zone; he is also bullish on UCO Bank and Central Bank of India.

Updated On: 17 Jun 2026 | 10:26 AM IST