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Rex Harrison Cano has over 25 years of experience, primarily in business journalism, tracking and analysing the Indian stock market. An avid market enthusiast and a proficient technical analyst, Rex believes that charts and numbers come to life to tell stories of past and possible future journeys.
Rex Harrison Cano has over 25 years of experience, primarily in business journalism, tracking and analysing the Indian stock market. An avid market enthusiast and a proficient technical analyst, Rex believes that charts and numbers come to life to tell stories of past and possible future journeys.
All you need to know before market opens on Tuesday: The Sensex, Nifty likely to open higher tracking cues from GIFT Nifty; FIIs increased bets on index longs. 7 SME IPOs open for subscription today.
Oil & Gas stocks outlook: Indraprastha Gas and Mahanagar Gas are awaiting a breakout from a narrow trading band, show technical charts.
Union Bank of India, Avenue Supermarts (DMart), CCL Products, FSN E-Commerce Ventures and Tata Power among 9 NSE stocks with bullish MACD crossover on the daily charts.
All you need to know before market opens on Monday: GIFT Nifty quotes atop 24,600; Jio Fin, HDFC AMC, HDFC Life to announce Q1 results today; FIIs index net long-short ratio rose on Friday.
F&O stock watch: Shares of Mahindra & Mahindra and Shriram Finance face up to 15 per cent downside risk; whereas, Manappuram Finance and Sun Tv can potentially gain up to 13 per cent.
IT stocks outlook: TCS can potentially rally another 6 per cent from present levels; while Infosys, Wipro and LTIMindtree can rally up to 15%, suggest charts.
All you need to know before the market opens on Friday: GIFT Nifty hints at likely 100-point opening gain; TCS Q1 beat analyst expectation, Infy ADR jumped 3% in the US; Japan's Nikkei down over 2%.
Hardeep Singh Puri, minister of Petroleum and Natural Gas in India, said E&P offers investment opportunities worth $100 billion by 2030.
All you need to know before market opens on Thursday: The S&P 500 crossed 5,600-mark, Asian shares rallied up to 1% this morning; FIIs pared long holdings in index futures; Ambey Labs to list
Experts believe the market fall seems to be part of routine profit-taking given the sharp 3,000-point rally in the Nifty 50 index post Lok Sabha election outcome.
Most of the stocks are now seen testing the 20-DMA; trade along this key moving average is likely to dictate the near-term trend for electric wire-related stocks; suggest charts.
All you need to know before market opens for trade on Wednesday: The Fed chief Jerome Powell in his testimony reiterated its stance to stick with data-based decision-making; global markets trade flat.
Among the key momentum oscillators - the MACD and Slow Stochastic are showing negative divergence on these smallcap stocks; hence caution is advised at these counters.
Auto stocks in focus: Maruti down 6 per cent in last 2 months; trading strategies for Maruti, Tata Motors and M&M as UP government waives-off registration fee on hybrid cars.
All you need to know before market open for trade on Tuesday: Key levels to watch on the Nifty and Bank Nifty as Asian shares trade firm; Emcure Pharma to list today; 8 stocks in F&O ban.
A total of 131 stocks from the Nifty MidCap 150 index, and 211 stocks from the Nifty SmallCap 250 index are seen trading above the long-term moving average as of date.
All you need to know before Indian stocks open for trade on Monday: Globally, bets on a US Fed rate cut rose on Friday post the jobs data; Asian shares traded with marginal losses this morning.
5 breakout pharma stocks: Glenmark, Lupin, Laurus Labs, Dr Lal PathLabs and Zydus Life can potentially rally up to 15 per cent, suggest charts.
Raymond stock outlook: Raymond has rallied 65 per cent in the last 3 months, and over 100 per cent in 7 months; the stock needs to break above Rs 3,173 for a further rally, suggests technical charts
All you need to know before the Indian stocks open for trade on Friday: GIFT Nifty hints quiet start. Nephro Care India will be the first SME IPO to debut after Sebi announced a cap on listing price.