Why Sensex, Nifty Gains May Be Capped in Short Term

Indian equity markets snapped a three-week winning streak in the week ended July 10, 2015 tracking developments in China and Greece. The BSE Sensex shed 431 points, while the Nifty shed 1.5 per cent last week.   Rohit Srivastava, fund manager at Sharekhan told NDTV that the Nifty has been following a pattern of three weeks of gain followed by another two-three weeks of losses for last three months. So, the losses that we saw last wee...