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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: Balrampur Chini, BHEL, Delta Corp, GNFC, Indiabulls Housing Finance, IRCTC and PNB are the seven stocks in F&O ban period on Monday.
Global equities were startled last week after the US Fed and European Central Bank warned of a long period of higher interest rates. Given this, will the markets witness extended correction this week?
On the downside, Rs 5,850 seems to be a good support for Crude Oil; Whereas Natural Gas futures have multiple supports as per the daily chart.
If the Paytm board approves the buyback, it will become the 51st company to announce a stock repurchase agreement in 2022. But what is a share buyback? Why does a company undertake it?
The bias for the remainder of December is likely to remain bullish as long as Gold futures trade above Rs 53,850. Meanwhile, near support for Silver is seen at Rs 67,500 - Rs 67,350 levels.
HUL is currently present at the mass end in supplement and wellness space through Horlicks. OZiva & Wellbeing Nutrition acquisitions will help grow presence in the premium segment
Stocks to Watch Today: Shares of Paytm are likely to be in limelight as the company plans share buyback; board to meet on December 13.
Stocks to Watch Today: Markets to track Gujarat, Himachal Pradesh assembly results. Shares of rate sensitive sectors to be in focus as RBI policy signals likely further rate hikes.
The MCX Crude Oil and Natural Gas futures seem to be placed on a slippery ground on multiple time-frames, as per the charts.
Stocks to Watch Today: Shares of rate sensitive sectors such as auto, banks, NBFCs and real estate are likely to be in focus owing to the RBI policy announcement on Wednesday.
Stocks to Watch Today: Read analysis on why value investors could be seen taking selective punts on IT stocks in the near future.
Bias for Silver futures likely to remain bullish, with near support seen at Rs 63,600 followed by Rs 62,500 level.
Stocks to Watch Today: SBI too may be in focus after the PSU bank successfully raised Rs 10,000 crore via its maiden infrastructure bonds.
Equity markets have started the last month of 2022 at record high levels as renewed buying by FIIs, and hopes of moderation in rate hikes boosted sentiment. What factors will guide this trading week?
Stocks to Watch Today: SoftBank Group is likley to sell a 5 per cent stake in PB Fintech via block deal at a base price of Rs 440 per share on Friday.
Stocks to Watch Today: In the F&O space, BHEL, Delta Corp, Indiabulls Housing Finance and PNB are the stocks in ban period on Thursday.
The MCX Crude Oil December futures could test Rs 7,100-level on the upside as long as the commodity manages to sustain above the 100-WMA support.
Stocks to Watch Today: According to reports, Zomato is likely to witness a block deal on Wednesday.
Stocks to Watch Today: Newly listed Fusion Micro Finance and Five-Star Business are likely to be in focus on the back of strong Q2 performance reported by the companies.
The Rs 51,865-level is the 20-DMA for MCX Gold, below which the next major support is seen at Rs 51,050.