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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.
Analysts believe a likely pick up in credit growth and hopes of a rate cut by the Reserve Bank of India should keep the momentum alive in bank stocks.
ICICI Bank stock looks strong on charts. Among others Bandhan Bank, IDFC First Bank, IndusInd Bank and RBI Bank can rally up to 21%; check key levels
All you need to know before the stock market opens on Thursday June 20: FIIs net bought stocks up to Rs 8,000 crore yesterday; and also turned net long in index futures for the first time since May 28
The key momentum oscillators of these four NSE smallcap stocks are showing a negative divergence; hence these stocks are likely to trade with a downward bias in the near term.
As per reports, the GST Council is expected to take up a key amendment that has the potential to resolve the vexatious issue of retrospective taxation for online gaming companies this Saturday.
So far in June 2024, the NSE benchmark has gained more than 1,000 points and hit as many as 30 new highs in less than six months in the calendar year 2024; Here's a chart check on the Nifty 50 index.
All you need to know before the stock market opens on Wednesday, June 19: FIIs up index long futures; Nifty up over 1,000 points so far in June; Voda Idea, Indus Towers stocks in focus today.
F&O stock outlook: Technical charts suggest that OFSS and Indian Energy Exchange can rally up to 19 per cent; here are the key support and resistance levels.
All you need to know before the stock market opens on Tuesday, June 18: Gift Nifty quoted near about 23,600 levels, indicating a likely 100-point gap-up on the Nifty 50.
As per reports seven stocks are likely to witness a switch from largecap to midcap classification and vice versa; here's what the chart suggests for select five stocks.
Outlook on Nifty smallcap stocks: Delta Corp, Eris Life, Praj and Usha Martin can rally up to 28 per cent, while Symphony may witness a corrective move in the near-term; suggests technical charts.
All you need to know before the stock market opens on Friday: Technical analysts expect Nifty to make a decisive directional move soon. These are the key levels to watch out for on the NSE benchmark.
The MACD - a key momentum oscillator has turned favourable for these 5 Nifty MidCap stocks, with charts indicating a likely upside of up to 15% ahead.
All you need to know before the market opens: Fed keeps rates unchanged, hints at 1 cut in 2024. Financial shares to be in focus on Irdai's mandate to insurers and Moody's concern on credit growth.
Shares of fertiliser companies have rallied up to 15 per cent so far in June following above normal monsoon forecast for India; here are four stocks that look strong on charts.
All you need to know before the market opens on Wednesday, June 12: Gift Nifty hinted at tepid start to the trading action; The US Fed meet and inflation data to be in focus in the week ahead.
New-age stocks such as PolicyBazaar, Nykaa and Delhivery too may be included in the F&O segment as Sebi proposes key changes in stock selection.
In the last four days, one out of every 3 futures & options stocks has gained more than 10 per cent as the Nifty surged 6.3 per cent in the post Lok Sabha 2024 verdict cheer.
Stock market guide for June 11, Tuesday: Global shares exhibit mixed trend a day ahead of the US Fed meet; Gift Nifty hints at a subdued start to the trading action on the Nifty 50 index.
The 200-DMA is a key long-term moving average in determining a bullish and bearish trend for any stock or underlying index.