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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

Gold, Silver ETFs sink up to 53% from 52-week highs; Silver at 11-month low

According to NSE data, Silver ETFs have crashed up to 53% from their respective 52-week highs hit in January 2026, while Gold ETFs have declined up to 26% in the same period.

Gold, Silver ETFs sink up to 53% from 52-week highs; Silver at 11-month low
Updated On : 27 Oct 2026 | 1:56 PM IST

Sona BLW Precision zooms 9%; stock hits new high on record Q2 earnings

Sona BLW Precision Forgings recorded its highest-ever Revenue, EBITDA, PAT, Battery Electric Vehicle (BEV) Revenue and BEV revenue share in Q2, the company said in a BSE filing.

Sona BLW Precision zooms 9%; stock hits new high on record Q2 earnings
Updated On : 27 Oct 2026 | 11:39 AM IST

Hindalco, ATGL: Analyst flags weak trend amid 'Death Cross' on daily charts

Sudeep Shah of SBI Securities says that the bias for Adani Total Gas stock is likely to remain weak as long as the stock trades below the ₹560-565 zone.

Hindalco, ATGL: Analyst flags weak trend amid 'Death Cross' on daily charts
Updated On : 27 Oct 2026 | 9:43 AM IST

Nifty logs third-longest technical correction; shallowest in its history

The NSE Nifty on Friday marked the 160th trading day below its long-term average, the longest time period since January 2012. The index has been quoting below its 200-DMA since February 27, 2026.

Nifty logs third-longest technical correction; shallowest in its history
Updated On : 23 Oct 2026 | 3:32 PM IST

Market crash: Sensex sinks 1,314 pts from day's high; Nifty tests 22,400

With Brent at $114, high crude prices remain a key headwind for oil-sensitive sectors, making a broad-based equity recovery difficult, says Hariselvan Radhakrishnan of HST Wealth

Market crash: Sensex sinks 1,314 pts from day's high; Nifty tests 22,400
Updated On : 23 Oct 2026 | 1:22 PM IST

Mahindra Finance tanks 10%, hits 52-week low despite 55% surge in Q2 profit

Mahindra Finance's share price hit a 52-week low of ₹268 on the NSE in Thursday's trading session despite reporting 55% surge in Q2 standalone profit to ₹882 crore.

Mahindra Finance tanks 10%, hits 52-week low despite 55% surge in Q2 profit
Updated On : 22 Oct 2026 | 11:01 AM IST

Nifty PSU vs Private Bank: Which banking index looks stronger on charts?

Nandish Shah of HDFC Securities reckons that both the Nifty PSU Bank and Nifty Private Bank indices look strong on charts, with the bias more favourable for the former index.

Nifty PSU vs Private Bank: Which banking index looks stronger on charts?
Updated On : 22 Oct 2026 | 9:44 AM IST

UltraTech Cement tanks 5% from day's high post Q2 results; key details

UltraTech Cement on Monday reported a 21.3% surge in Q2 consolidated net profit, backed by 18.8% growth in revenue from operations.

UltraTech Cement tanks 5% from day's high post Q2 results; key details
Updated On : 19 Oct 2026 | 2:57 PM IST

Trend reversal? Analyst decodes Havells India, NTPC, Birlasoft on charts

NTPC stock is showing early signs of a potential reversal, as it trades near its long-term support (200-week EMA) on the charts, says Sachin Gupta of Choice Broking.

Trend reversal? Analyst decodes Havells India, NTPC, Birlasoft on charts
Updated On : 19 Oct 2026 | 11:44 AM IST

Karur Vysya Bank hits new lifetime high, up 8% in two days post Q2 results

Karur Vysya Bank's share price hit a record high of ₹375 in Monday's trading session on the NSE. Equirus Securities and Elara Capital pegged upside targets of ₹400 and ₹415, respectively.

Karur Vysya Bank hits new lifetime high, up 8% in two days post Q2 results
Updated On : 19 Oct 2026 | 10:07 AM IST

Zensar, HCL Technologies rebounded from 100-month EMA support, says analyst

Virat Jagad, technical research analyst at Bonanza, flags that HCL Technologies and Zensar Technologies witnessed buying interest at their respective 100-month exponential moving averages on the chart

Zensar, HCL Technologies rebounded from 100-month EMA support, says analyst
Updated On : 16 Oct 2026 | 1:08 PM IST

HDFC Life Insurance sheds 3% post Q2 results; brokerages remain upbeat

Analysts at Systematix Institutional Research and Elara Securities retained a 'Buy' rating on HDFC Life stock, highlighting that Value of New Business in Q2 came in ahead of Q2 estimates.

HDFC Life Insurance sheds 3% post Q2 results; brokerages remain upbeat
Updated On : 16 Oct 2026 | 10:52 AM IST

Nifty conquers 20-DMA, now eyes 50-DMA breakout at 23,500: Tech analysts

Nandish Shah of HDFC Securities expects the 22,776-22,800 resistance band on the Nifty 50 index to now act as immediate support, and sees near resistance in the 23,100-23,150 range.

Nifty conquers 20-DMA, now eyes 50-DMA breakout at 23,500: Tech analysts
Updated On : 16 Oct 2026 | 8:29 AM IST

Bank of Baroda down 3%, top loser among PSU Banks; why is stock falling?

Bank of Baroda's share price dipped 3% in Wednesday's trade following reports that NMC Healthcare group filed a lawsuit seeking $15 billion in damages. BoB said it has not received any Court notice

Bank of Baroda down 3%, top loser among PSU Banks; why is stock falling?
Updated On : 14 Oct 2026 | 10:37 AM IST

DMart extends slide, hits new 52-week low; stock down 12% in October

Avenue Supermarts (DMart) stock declined 5% in the last two trading sessions, and traded lower for the fourth straight day, falling up to 8% in the period.

DMart extends slide, hits new 52-week low; stock down 12% in October
Updated On : 13 Oct 2026 | 11:45 AM IST

Nifty weekly expiry in focus; Analysts decode charts, derivatives positions

Based on the options data, on Tuesday the focus will be on the 22,250-22,500 range owing to Nifty's weekly expiry, says Dharmesh Bhatt, Head-Derivatives Research at Systematix Institutional.

Nifty weekly expiry in focus; Analysts decode charts, derivatives positions
Updated On : 13 Oct 2026 | 8:13 AM IST

NSDL hits new low, down 8% vs IPO; CDSL up 748%; analysts decode divergence

NSDL hit a new lifetime low on Friday; the stock shed 7% in FY27 and was down 48% from its peak. CDSL gained 13% so far this fiscal but has declined 38% from its December 2024 summit.

NSDL hits new low, down 8% vs IPO; CDSL up 748%; analysts decode divergence
Updated On : 09 Oct 2026 | 12:17 PM IST

Analysts caution TCS pullback may be short-lived; flag key levels to track

Hitesh Tailor, technical analyst at Choice Broking flags that the TCS stock trades below key EMAs on the daily and weekly charts, and expects strong resistance between ₹2,250-2,330 levels.

Analysts caution TCS pullback may be short-lived; flag key levels to track
Updated On : 09 Oct 2026 | 10:41 AM IST

Will Nifty register its 9th straight weekly loss? Here's what analysts say

At current levels, the NSE Nifty is on course to log its longest (9th) weekly losing streak since April 2001, shows market data. Technical analyst expect support around the psychological 22,000-mark.

Will Nifty register its 9th straight weekly loss? Here's what analysts say
Updated On : 09 Oct 2026 | 8:15 AM IST

Sun TV stock on a roll, up 40% in 3 weeks; Elara sets target price at ₹925

Elara Capital believes that Sun TV holds a highly cash-generative TV business, underpinned by a strong sports portfolio, while the core media segment remains the 'cash cow'.

Sun TV stock on a roll, up 40% in 3 weeks; Elara sets target price at ₹925
Updated On : 08 Oct 2026 | 12:22 PM IST