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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.
The markets ended the week and the month on a robust note thanks to the sharp rally on Friday
The BSE benchmark index eventually ended with a loss of 319 points at 16,839
Among the index stocks, Tata Motors slumped nearly 17% to Rs 225
Among the Sensex 30 stocks, Hindustan Unilever surged over five per cent to Rs 450
Among the index stocks, Hero MotoCorp slumped almost 10% to Rs 1,981, and Maruti plunged over 8% to Rs 1,283
According to the monthly Fibonacci charts, the Sensex is testing the quarterly support around 16,235
The Sensex recorded a high of 16,390 early in the week, and thereafter dropped to a low of 15,810.
Among the index stocks, TCS was the standout gainer, up over 10% at Rs 1,205