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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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Page 2 - Rex Cano

Bharti Airtel tests 200-DMA; this brokerage expects 10% upside in stock

Analysts at Bajaj Broking believe that Bharti Airtel generated a breakout above the 4-month consolidation range of ₹1,740 - ₹1,930 and expect the stock to target ₹2,125 levels in the coming months.

Bharti Airtel tests 200-DMA; this brokerage expects 10% upside in stock
Updated On : 07 Jul 2026 | 2:36 PM IST

HDFC Bank up 5% in two days on Q1 biz update; chart hints at further gains

Virat Jagad, technical analyst at Bonanza says HDFC Bank displays a positive price action, with key momentum oscillators favourably placed. The analyst expects the stock to target ₹880 levels.

HDFC Bank up 5% in two days on Q1 biz update; chart hints at further gains
Updated On : 07 Jul 2026 | 1:48 PM IST

Glenmark Pharma jumps over 2% on launch of Olanzapine single-dose vial

Glenmark Pharma stock advanced over 2% in Monday's intra-day trade, after the company's US arm announced the launch of Olanzapine single-dose vial.

Glenmark Pharma jumps over 2% on launch of Olanzapine single-dose vial
Updated On : 06 Jul 2026 | 11:54 AM IST

Nykaa up 3%, hits 52-wk high on upbeat Q1 forecast; brokerage maintains Buy

Nykaa stock surged 3% to ₹320 after the company said it expected around 30% YoY revenue growth in Q1FY27. JM Financial maintains 'Buy' rating on stock with a target price of ₹360.

Nykaa up 3%, hits 52-wk high on upbeat Q1 forecast; brokerage maintains Buy
Updated On : 06 Jul 2026 | 10:13 AM IST

India VIX falls 5% on Fri to pre- West Asia war levels; down 60% from high

India VIX dropped to a 4-month low as fears of the geopolitical tensions between the US and Iran subsided leading to a rebound in global and Indian stock markets, says Sudeep Shah of SBI Securities.

India VIX falls 5% on Fri to pre- West Asia war levels; down 60% from high
Updated On : 03 Jul 2026 | 1:59 PM IST

Union Bank stock plunges 7% post Q1 business update; details here

Union Bank of India plunged over 7 per cent in Friday's intra-day deals after the bank's Q1 Gross Advances numbers came in lower than the provisional figures.

Union Bank stock plunges 7% post Q1 business update; details here
Updated On : 03 Jul 2026 | 11:26 AM IST

TCS to Infosys: 9 out of 10 Nifty IT stocks trade up to 27% below 200-DMA

The Nifty IT currently quotes around 20 per cent below its 200-DMA. TCS, Infosys, Wipro and HCL Technologies are down in the range of 21-26 per cent form respective 200-DMAs.

TCS to Infosys: 9 out of 10 Nifty IT stocks trade up to 27% below 200-DMA
Updated On : 02 Jul 2026 | 10:34 PM IST

Delhivery trades near 4-year high; Brokerages see up to 19% upside on stock

Delhivery share price hit a high of ₹512.55 on the NSE in Thursday's trade, its highest point since October 2022. Motilal Oswal, Choice Broking and JM Financial have a 'Buy' call on the stock.

Delhivery trades near 4-year high; Brokerages see up to 19% upside on stock
Updated On : 02 Jul 2026 | 11:33 AM IST

Can Sensex, Nifty hit new highs by Dec 2026? Tech analysts decode charts

Technical analysts at SBI Securities and Choice Broking expect the Nifty to retest record highs around 26,350, and Sensex to rally toward 89,000 in an optimistic scenario.

Can Sensex, Nifty hit new highs by Dec 2026? Tech analysts decode charts
Updated On : 02 Jul 2026 | 9:10 AM IST

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.

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

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

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

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

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

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

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

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

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

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

Bajaj Auto slips nearly 3%, trades ex-date for share buyback; time to buy?
Updated On : 24 Jun 2026 | 10:12 AM IST