Tech rally lifts Sensex up 122 pts; index zooms for five days in row The smart rally in technology stocks on Nasdaq on Tuesday aided sentiment on Indian bourses with most frontline software stocks opening with a eight per cent gap and hitting the upper band in a short time. Sensex crosses first hurdle, next resistance at 4750 With a 123-point rally on Wednesday, the Sensex managed to cross the first resistance level of 4360 points. The next hurdle for the stock is at 4750 points. Asian Paints -- Better realisations hold key in future Asian Paints announced a bonus issue in the ratio of 3:5, and after the annoucement, the stock is up by 2%, which indicates that market is more or less happy with the bonus ratio.
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