)
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.
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.
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
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.
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.
UltraTech Cement on Monday reported a 21.3% surge in Q2 consolidated net profit, backed by 18.8% growth in revenue from operations.
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.
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.
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
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.
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.
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
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.
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.
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.
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.
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.
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'.
Axis Bank, Karnataka Bank, PNB, AU Bank and City Union Bank are the 5 bank stocks identified by Ajit Mishra of Religare Broking and Hitesh Rathi of Angel One based on the technical chart set-up.
The Nifty Private Bank index advanced over 1%, while the Bank Nifty and Nifty PSU Bank index rose 0.6% and 0.3% respectively on Tuesday, a day ahead of the RBI policy decision.
Sammaan Capital reported nearly 55% QoQ growth in September quarter disbursements. Brokerage firm Ventura Securities has a 'Buy' rating on the stock with a target price of ₹377.70 per share.