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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: Shares of Adani Wilmar, Jindal Stainless, Adani Enterprises, Hero MotoCorp, Tata Steel and Titan too shall be in focus ahead of the Q4 results.
Investors had a rollercoaster ride during the April F&O series, with bears having the slight edge. Will they triumph? Or will the bulls fight back today? Find out what to expect on the expiry day
The bias is likely to remain bullish as long as Crude Oil futures sustain above Rs 7,830, below which the next crucial support is at Rs 7,730.
Stocks to Watch Today: Shares of Bajaj Auto, Hindustan Unilever and Indian Hotels are likely to be in focus as the companies report Q4 results on Wednesday.
The MCX Gold futures may seek near support around Rs 52,040; whereas Silver futures have multiple key support around Rs 65,235 and Rs 64,600.
Stocks to Watch Today: Shares of pharma company - Aurobindo, Sun Pharma and Jubilant are likely to be in focus as the trio have recalled different products in the US market as per the latest USFDA
RIL traded 3.5 per cent higher at Rs 2,730 fairly close to its record high of Rs 2,750 touched on October 19, 2021.
The MCX Crude Oil futures may seek support around the 50-DMA at Rs 7,716; while the bias for Natural Gas is likely to remain bullish as long as it sustains above Rs 525.
Stocks to watch today: Shares of brokerage firms Angel One and ICICI Securities are also likely to be in focus ahead of the corporate earnings on Wednesday.
With Monday's 1.7% fall, the Nifty has shed nearly 6% from its recent high. As rising bond yields and weak earnings' outlook cloud sentiment, here is what the market's near-term trajectory looks like
The MCX Gold futures are likely to face considerable resistance around Rs 53,500-odd levels; MCX Silver futures can test Rs 71,300 on the upside.
The Q4 numbers and rising bond yields kept market sentiments subdued last week. Analysts expect the upcoming trading sessions to be volatile for equities as well because of global headwinds
The Infosys ADR has declined over 9 per cent in the last two trading session in the US market, while our market was shut for trade, post Q4 results.
MCX Crude Oil futures can test the 20-DMA in the near term placed at Rs 7,900-odd level.
Infosys is scheduled to announce results today, while HDFC Bank shall be reporting its Q4 numbers on Saturday.
MCX Gold may rally to Rs 53,570 on the upside; break and sustained trade above Rs 52,250 to add momentum.
TCS is likely to announce results after market hours on Monday. The IT stocks will be in focus with Infosys too to announce earnings later this week.
On Friday, the markets will track the RBI policy developments for cues on the future rate cycle and inflation forecast. Find out how the markets are placed ahead of the earnings season
Rate sensitive related shares such as auto, banks, NBFCs and realty are likely to be in limelight owing to the RBI policy on Friday.
Steel stocks are likely to be in limelight following reports of price hike in April.