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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.
Among the index stocks, Tata Motors slumped nearly 17% to Rs 225
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.
Next week, the markets will look for cues, largely from the RBI policy on April 17
Among the index stocks, TCS was the standout gainer, up over 10% at Rs 1,205