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The last week's low point of 19,250 is expected to be crucial this week as well. A breach of this level may pull down the index up to the psychological 19,000 mark, whereas on the higher side, 19,400-19,500 can be critical hurdles, experts said
BSE Sensex dropped 202.36 points, or 0.31 per cent, to settle at 64,948.66 and NSE's Nifty tanked 55.10 points, or 0.28 per cent, to end the day at 19,310.15 for the day.
For Nifty the crucial support zone on the downside is placed at 19350 – 19290 and on the upside, resistance is placed at 19530 – 19500.
India's Ramco Cements on Monday missed first-quarter profit estimates, as mounting costs outpaced resilient demand....
Net profit after tax fell 29.7 per cent to Rs 78.91 crore for the quarter ended 30 June, far below analysts' estimate of Rs 129 crore as per Refinitiv data, , Ramco Cements