Fast track
Blue Dart: Up on numbers game
THE last fortnight saw a relatively flat market and the punters are getting restless. The Sensex has been moving sideways, indicating no real direction.

Impact
Rallis Inds: An end to the bad news?
RALLIS' announcement that it is planning to embark on a cost-cutting exercise to improve profitability may halt the downtrend in the stock in the recent times.

Otis Elevators: On its way up
THE open offer made by Otis Mauritius Ltd along with other group companies to acquire a 31.1 per cent stake in Otis Elevator India could trigger a rally in the share price of the latter.

Stocks
Lyons Range
THE Calcutta Stock Exchange on Wednesday witnessed a mixed price trend at close. Among the gainers were the scrips of Tata Engineering (6.08 per cent), Zee Telefilms (5.96 per cent), Tata Steel (5.79 per cent) and Bata India (4.94 per cent). The counters of Reliance Industries, Global Telesystems, DSQ Software and ACC were among the losers.

Buying spree in pharma scrips
FOR the second day in succession, the stock markets remained rangebound. Neither the bulls nor bears managed to gain control over the market on Wednesday. However, the day ended on a positive note and there was some sustained buying in pharmaceutical sto cks.

Technical Analysis
Uptrend continues
THE day's movement of the index was within a bandwidth of about 17 points. Finally, it closed with a marginal gain of about four points from the previous last traded value. The uptrend triggered in the index on Tuesday continued on Wednesday. The sentime nt continued to be bullish with a decrease in its value.

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