Thursday, 5 February 2015

Sensex zooms 300pts, Nifty races past 8850, Oil extends loses

Technology shares gain; realty and cons. durables slip over 1%

Sensex is facing strong resistance to gain beyond the 29,000 mark and is trading with 120 points gains at 29,000.

On the broader front, BSE small cap and midcap index has briefly turned negative, under performing the larger peers.  In the past few trading sessions there has been a lot of out performance is seen in Mid cap and small cap, so it is not surprising to see some amount of profit taking happening in this space.  
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