)
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.
Stocks to Watch Today: Banks and rate sensitive related shares are likely to be in focus today as RBI announces the outcome of its three-day policy meet this morning.
Stocks to Watch today: Tata Motors signed the biggest-ever EV fleet order in India with the largest fully-electric ride-hailing service firm - BluSmart Mobility for delivering 10,000 Xpres-T EVs.
Did you know that at times a wrong entry on a keyboard by a stressed trader can also bring down shares of any mighty company? It is known as fat finger syndrome. Let us know more about it.
The Rs 50,975-level is the pivot point for MCX Gold futures this week; Silver futures may trade in a broad range of Rs 60,165 to Rs 63,175 this week.
Stocks to Watch Today: The Aditya Birla Group has planned a massive Rs 77,000 crore capex; Meanwhile, this week the focus will be on rate sensitive sectors ahead of the RBI policy meet on Wednesday.
Ahead of the RBI's policy decision, OPEC+ decided to increase the size of its oil-supply hikes by about 50%. Our next report talks about these macro concerns and how investors should trade.
On the downside, the MCX Crude Oil futures may test support near Rs 8,600-level; Natural Gas futures are likely to consolidate with support seen at Rs 600-mark.
Stocks to Watch Today: AU Small Finance Bank will be in focus as the company has set June 10 as the record date for the proposed 1:1 bonus issue.
The upside for MCX Gold June futures seem capped around Rs 51,400-level, while support is seen around Rs 50,670; Silver futures may consolidate in a broad range of Rs 58,480 to Rs 63,885.
The markets are likely to end this month with notable losses as global cues, FII selling and inflation-related worries weighed on the sentiment. Find out what lies ahead for the markets this week.
The markets are likely to end this month with notable losses as global cues, FII selling and inflation-related worries weighed on the sentiment. Find out what lies ahead for the markets this week.
In a choppy market, knowing entry and exit points may turn fortunes in your favour. They are crucial for a successful trade. Here are a few trading strategies to identify entry and exit points
The MCX Natural Gas futures may test Rs 704 as indicated on the daily charts; the bias for the remainder of the week is likely to remain bullish as long as Natural Gas sustains above Rs 673.
Stocks to Watch Today: Sugar and FMCG stocks likely to be in focus as govt limits sugar exports and exempts customs duty on agri cess. Apollo Hospitals, Bata, Coal India and Nalco to report results.
The upside for MCX Gold June futures seem capped around Rs 51,500-odd level; while MCX Silver futures are likely to face strong resistance in the Rs 64,200 - 64,800 range.
Stocks to Watch Today: Bharat Electronics, Data Patterns (India), SAIL and Zomato ahead of Q4 earnings on Monday.
The MCX Gold futures may slide towards the 200-DMA at Rs 48,840 in the near term; while the broader trend indicates a downside target of Rs 53,000 for MCX Silver futures.
Stocks to Watch Today: Bharat Forge, Fino Payments Bank, MCX India, RateGain Travel, Raymond and VIP Industries are some of the notable companies scheduled to announce Q4 results on Monday.
Investors, who thronged the markets during the Covid-induced sell-off, are looking for cover. Rising interest rates and inflation have taken a toll on sentiment. Find out the road ahead for equities
Stocks to Watch Today: Bandhan Bank, BoB, Eicher Motors, Escorts, REC, SBI, Tech Mahindra and UCO Bank are likely to be in focus ahead of Q4 results; Delhivery and Venus Pipes IPOs close on Friday.