I think 10,000 points have become a base. The market should trade in a range of about 400 points in the near term.

Profit is better than expected.

Growth will come not only from voice, but from global bandwidth business and value-added services.

We have seen good corporate earnings and strong numbers from the auto makers for April, and fund flows are strong, so the momentum is strong.

Stocks are now swinging to every bit of news in the absence of big leads.