Sensex Wins 5 Days in a Row, But Nifty Hits the 24,000 Wall
Broad rally: Nifty Midcap 100 rose 1.55% and Smallcap 100 jumped 2%. Media, metal, realty and FMCG led the gains.
Lone laggard: Nifty IT fell more than 1%.
Key level: The Nifty again failed to break the 24,000 resistance.
RupeeRadar Insight: Wall Street's rally and the oil crash are both positives for India. But after a 4% run in five days, profit-taking near 24,000 is likely. A strong close above 24,000 would confirm the rally has legs.