Foreign institutions are selling heavily, particularly in the tech counters. One needs to see if mutual funds are stepping in to buy. |
Technology stocks are being driven by Nasdaq gains and money is still flowing in from both local and foreign funds. |
The market had a nice correction from its all-time high and seems to be back on track. Results so far have been pretty decent and market does not expect any negative surprises. |
There is unprecedented flow of funds ... so what does one do than keep buying. There's more activity in the infrastructure related sectors than in the rest. |
Too much money is chasing a few good stocks. There is no stopping this market as long as foreign money is pouring in. |