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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.
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.
Technical analysts flag that the HDFC Bank stock rebounded after forming a base around ₹680 in September. Jatin Gedia and Drumil Vithlani expect support for the stock in the ₹710-680 zone.
Stock market crash: Analysts flag October rate hike fears, low liquidity, high oil prices, persistent FIIs selling and a long-weekend as some of the key reasons for the market fall on Thursday.
Tech analyst at Mirae Asset Sharekhan and SAMCO Securities flag 22,000-22,500 range as key support for Nifty in the short-term, and caution of further weakness in Bank Nifty in the H2FY27 outlook.
In the previous four such instances, the Sensex and the Nifty recouped losses and signed-off the respective calendar year with a gain on three occasions, shows the 15-year historical data.
The index has witnessed a sharper fall in September compared to the Nifty 50, which declined 6 per cent, and the Nifty Smallcap 250 that slipped 3.5 per cent.
The Nifty cracked 1.4% to a low of 22,807.55 on Monday, reaching within striking distance of its 200-week moving average at 22,607. The index last closed below the 200-WMA in June 2020, shows chart.
PSU Bank stocks slide: Bank of India, Bank of Maharashtra, Union Bank of India, Canara Bank, Punjab National Bank and Bank of Baroda declined 2-4% in Monday's trading session.
Among the broader indices, Sachin Gupta of Choice Broking expects Nifty Smallcap to outperform, based on the current chart setup. Among sectors, he sees relative strength in pharma and healthcare.
Shares of IFCI and New India Assurance surged up to 53% in the last two months, only to erase gains amid the NSE IPO launch. Tech analysts decode strategy in these two stocks.
Analysts flag that over the years the market closed the valuation gap built for double-digit growth in these FMCG stocks, as earnings remained muted owing to tepid volume growth and high inflation.
Share price of Ola Electric Mobility surged 86% from its 52-week low of ₹22.25 hit in March 2026.
Fintech stocks react to MDR news: Paytm, Pine Labs and One MobiKwik Systems decline up to 13% during the week, recover on Friday. Here's why the tech analyst remains bullish on Paytm and Pine Labs.
Pabitro Mukherjee of Bajaj Broking says that the Nifty is showing signs of a pullback after forming higher highs and higher lows on Thursday, and adds that the key hurdle stands at 23,600 levels.