The Nifty IT index is trading comfortably above its 200-day EMA, reinforcing the ongoing strength in its structure, said Sudeep Shah.
The positive trend is expected to continue given the healthy momentum and supportive technical indicators. Below are some short-term trading ideas to consider.
Overall, technical patterns suggest Bank Nifty is potentially entering the 3rd wave higher, said Ashish Kyal.
Canara Bank MD and CEO also said the lender is preparing to capitalize on the opportunities in the M&A financing space.
Sagility breached its previous high of Rs 56.40 but failed to sustain, forming a bearish engulfing candle on the daily chart — a potential reversal signal, Sudeep Shah said.
On October 30, the lender has informed exchanges that ratings agency ICRA has assigned ‘AA+’ ratings with ‘Stable’ outlook for the Basel-III compliant Tier-1 bonds.
The current MD & CEO K Satyanarayana Raju retires in December
Backed by a strong equity tilt, deep penetration into smaller cities, and steadily improving cost metrics, Canara Robeco AMC enters the market with valuations below larger peers.
Canara Robeco AMC plans to leverage Canara Bank’s branch network and double down on alpha-generating categories to build long-term investor stickiness.
The improved sentiment may drive the market gradually toward the September high. Below are some short-term trading ideas to consider.
Stocks to Watch, 06 October: Stocks like HDFC Bank, Bajaj Finance, IndusInd Bank, Aditya Birla Lifestyle Brands, Lupin, Infosys, Ceigall India, Sobha, Kotak Mahindra Bank, Pace Digitek, Yes Bank, Ujjivan Small Finance Bank, and Canara Bank will be in focus on October 06.
Moneycontrol collated a list of the top 10 rate-sensitive stocks, curated by experts with a 3–4-week perspective on the basis of the closing price of September 30, following the Reserve Bank of India's decision to maintain the status quo on rates.
The market may see some more consolidation amid rangebound trading in the upcoming sessions. Below are some short-term trading ideas to consider.
Consolidation may be seen for a few more sessions before entering a new leg of the upmove. Below are some short-term trading ideas to consider.
Stocks to Watch, 16 September: Stocks like Transrail Lighting, NCC, Adani Enterprises, Sanghvi Movers, Asahi India Glass, John Cockerill, JSW Infrastructure, Angel One, Bajaj Finserv, Patel Retail, Zydus Lifesciences, and AGI Greenpac will be in focus on September 16.
Stocks to Watch, 12 September: Stocks like Infosys, Canara Bank, Lodha Developers, Bharat Forge, Consolidated Construction Consortium, NBCC, JBM Auto, Marico, GMR Power, Travel Food Services, RailTel Corporation of India, and Prostarm Info Systems will be in focus on September 12.
The Nifty 50 is expected to consolidate until it decisively breaks the previous week's range on either side for a firm direction. Below are some short-term trading ideas to consider.
According to data compiled from 11 major PSU banks, their average price-to-book (P/B) ratio has jumped from 0.35 in March 2020 to 1.14 in July 2025.
Canara Bank’s total SMA 2 book was Rs 6,856 crore, of which Rs 5,000 crore pertain to two accounts—Rs 3,000 crore guaranteed by a state government for an irrigation project, and a rental discount real estate project in Bengaluru, Raju said.
Motilal Oswal is bullish on Canara Bank has recommended buy rating on the stock with a target price of Rs 135 in its research report dated July 24, 2025.
In the April–June quarter, the bank’s current account deposits declined by 30.57 percent quarter-on-quarter to Rs 54,045 crore, down from Rs 77,841 crore in Q4 FY25, according to the investor presentation.
The market is expected to maintain an upward trend amid consolidation. Below are some short-term trading ideas to consider.
The post of MD & CEO, Canara Bank carries Pay Scale of Rs 2,05,400 - Rs 2,24,400/- [Level 16] plus allowances as admissible to Chief Executive of Public Sector Banks from time to time, release said.
Stocks to watch, 12, June: Stocks like Cyient, ICICI Bank, Maruti Suzuki India, Canara Bank, Kellton Tech Solutions, GMM Pfaudler, Titagarh Rail Systems, Zydus Lifesciences, CE Info Systems Nazara Technologies, Sterlite Technologies, HG Infra Engineering, Hindustan Copper, and Angel One will be in focus on June 12.
The market may turn positive amid rangebound trading. Below are some short-term trading ideas to consider.