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Rex Cano

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.

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

This hotel Q1 profit soared 460%; stock hit new high, up 11% in two days

Leela Palaces Hotels share price hit a life-time high of ₹518 in Monday's trade, after reporting a 460% surge in Q1FY27 net profit. JM Financial and Choice Broking raised the target price on stock.

This hotel Q1 profit soared 460%; stock hit new high, up 11% in two days
Updated On : 03 Aug 2026 | 11:47 AM IST

CAS, new F&O market timings from Aug 3: Look what's changing & why

Zerodha founder Nithin Kamath, in a recent social media post, explained that this move is aimed at curbing stock price manipulation.

CAS, new F&O market timings from Aug 3: Look what's changing & why
Updated On : 03 Aug 2026 | 7:19 AM IST

Nifty faces 24,600 hurdle; Sensex eyes 81,500 in August, say tech analysts

Technical analysts flag that Nifty ranged between 23,600-24,600 after the initial rally in FY27; however, select momentum indicators show improvement for the BSE, NSE benchmark indices on charts.

Nifty faces 24,600 hurdle; Sensex eyes 81,500 in August, say tech analysts
Updated On : 31 Jul 2026 | 9:59 AM IST

Adani Ports down 6% in 2 days post Q1 nos; Equirus maintains 'LONG' rating

Adani Ports share price declined 6% in the last two trading sessions after the company reported 10% growth in Q1 net profit. Earlier this month, the stock hit a record high at ₹1,891.

Adani Ports down 6% in 2 days post Q1 nos; Equirus maintains 'LONG' rating
Updated On : 30 Jul 2026 | 12:03 PM IST

BSE stock in oversold zone for first-time in 11 months; key levels to track

BSE stock has declined over 22% from its record high of ₹4,447 hit in May 2026; Q1 results on August 4. Tech analyst at SBI Securities says stock structure looks weak, flags key near hurdles on chart.

BSE stock in oversold zone for first-time in 11 months; key levels to track
Updated On : 29 Jul 2026 | 1:42 PM IST

Sun Pharma: Bajaj Broking recommends 'Buy'; flags 4 positive cues on charts

Sun Pharma outlook: Analysts at Bajaj Broking flag a breakout above the monthly consolidation zone and the formation of higher-highs, higher-lows among key reasons for a bullish view on the stock.

Sun Pharma: Bajaj Broking recommends 'Buy'; flags 4 positive cues on charts
Updated On : 29 Jul 2026 | 10:41 AM IST

Nifty50 spends 100 trading days below 200-DMA, longest in a decade

The NSE Nifty 50 index has been quoting below its long-term 200-day moving average since February 27, 2026.

Nifty50 spends 100 trading days below 200-DMA, longest in a decade
Updated On : 29 Jul 2026 | 7:08 AM IST

IDFC First Bank, Prestige Estates can hit new highs, gain over 15%: Analyst

Breakout stocks: IDFC First Bank and Prestige Estates are up over 50% in FY27. The 'Golden Crossover' suggests that these stocks can potentially rally to record highs, says Jatin Gedia of Teji Mandi.

IDFC First Bank, Prestige Estates can hit new highs, gain over 15%: Analyst
Updated On : 28 Jul 2026 | 12:58 PM IST

Pharma top bet for H2-CY2026; be selective in banks, defence: Ajit Mishra

On the broader market outlook, Ajit Mishra, SVP-Research of Religare Broking says the Nifty remains in consolidation mode, with key support at 23,600. On the upside, bullish pivot stands at 24,600.

Pharma top bet for H2-CY2026; be selective in banks, defence: Ajit Mishra
Updated On : 27 Jul 2026 | 10:47 AM IST

TCS, Infosys, HCL Tech, Tech Mah: Which IT stock is worth your portfolio?

Laxmikant Shukla, technical analyst at YES Securities maintains a constructive view on HCL Tech, Tech Mahindra and TCS, and predicts up to 14 per cent upside for these stocks.

TCS, Infosys, HCL Tech, Tech Mah: Which IT stock is worth your portfolio?
Updated On : 24 Jul 2026 | 11:10 AM IST

Titan, Federal Bk: Trading strategy for Rekha Jhunjhunwala portfolio stocks

Virat Jagad of Bonanza provides a technical analysis on 5 stocks from Rekha Jhunjhunwala's portfolio: Titan, Federal Bank Karur Vysya Bank, Metro Brands and Indian Hotels. Here's what the analyst says

Titan, Federal Bk: Trading strategy for Rekha Jhunjhunwala portfolio stocks
Updated On : 23 Jul 2026 | 9:40 AM IST

Bulls vs Bears: This momentum indicator explains why Nifty lacks direction

The tug-of-war between the bulls and bears continue as the market lacks direction, suggests the ADX index, which needs to cross the 25-mark for a directional move, says Ajit Mishra of Religare Broking

Bulls vs Bears: This momentum indicator explains why Nifty lacks direction
Updated On : 22 Jul 2026 | 1:06 PM IST

UltraTech Cement reclaims 200-DMA; chart hints at 10% gain hereon: Analyst

Muthuselvaraj M, technical research analyst, Mirae Asset Sharekhan believes that UltraTech Cement stock can gain in the short- to medium-term as momentum indicators are showing strength on the chart.

UltraTech Cement reclaims 200-DMA; chart hints at 10% gain hereon: Analyst
Updated On : 21 Jul 2026 | 12:01 PM IST

HDFC vs ICICI vs Axis: How to trade bank stocks after Q1 market reaction?

Om Mehra, technical analyst of SAMCO Securities believes that ICICI Bank sharp price can rally to a new high; while the key support for HDFC Bank stock now stands at ₹772 on the charts.

HDFC vs ICICI vs Axis: How to trade bank stocks after Q1 market reaction?
Updated On : 21 Jul 2026 | 11:13 AM IST

How to trade Nifty today? Key support levels, weekly expiry in focus

Tech analysts see immediate support for Nifty at 24,100, below which strong support is expected around the 24,000-mark.

How to trade Nifty today? Key support levels, weekly expiry in focus
Updated On : 21 Jul 2026 | 8:25 AM IST

RIL stock tests 100-DMA post Q1 results; tech analysts flag key levels

Reliance stock has decisively crossed the 20-day EMA, and is seen hovering around the 200-week EMA, highlights Sudeep Shah, technical & derivative analyst at SBI Securities.

RIL stock tests 100-DMA post Q1 results; tech analysts flag key levels
Updated On : 20 Jul 2026 | 11:10 AM IST

Polycab India extends fall, down 5% in two days post Q1 results

Polycab India traded with a loss of 4% on Friday despite reported upbeat Q1 earnings. Analysts at JM Financial maintain a 'Buy', while Equirus assign an 'Add' rating on the stock.

Polycab India extends fall, down 5% in two days post Q1 results
Updated On : 17 Jul 2026 | 12:03 PM IST

Tyre stocks skid; Ceat crashes over 9% as Q1 profit sinks 96%

Ceat stock plunged to a low of ₹3,471 on the NSE after the company's consolidated net profit dropped by 96.4 per cent to ₹4 crore owing to forex losses.

Tyre stocks skid; Ceat crashes over 9% as Q1 profit sinks 96%
Updated On : 17 Jul 2026 | 10:57 AM IST

Time to buy PSU Banks? Analyst bullish on these 3 stocks; explains why

Rohan Shah, technical analyst at Asit C. Mehta Investment Interrmediates reckons that share prices of Canara Bank, Bank of India and Union Bank of India can appreciate by up to 16 per cent from here.

Time to buy PSU Banks? Analyst bullish on these 3 stocks; explains why
Updated On : 16 Jul 2026 | 11:11 AM IST

Kalyan Jewellers, Paytm, Lodha among buzzing stocks in July; how to trade?

Muthuselvaraj M of Mirae Asset Sharekhan expects Kalyan Jewellers, Paytm and Lodha Developers to target ₹665, ₹1,600 and ₹1,375 on the upside owing to bullish formations on the technical charts.

Kalyan Jewellers, Paytm, Lodha among buzzing stocks in July; how to trade?
Updated On : 15 Jul 2026 | 1:35 PM IST