Fast track
Follow-up open offers leave stocks cold
WITH a temporary lull in the preparations for war at the global level, the stock markets appeared to welcome a couple of day's reprieve from their slide of the past couple of weeks.

Impact
Tata Tea: Positive move?
THE merger of unlisted subsidiaries with the parent company is usually not seen in positive light by the markets.

HCL Tech: Not a large revision
The downward revision in the rate of growth of earnings for the year ended March 2002 announced by HCL Technologies has not been as large as had been feared.

Stocks
Selling recommendation skids Infosys, Wipro
FOLLOWING the trend in Asian markets, stock prices remained firm on Thursday. The firm trend in pivotals such as Reliance, Reliance Petroleum, Hindustan Lever and SBI helped the Sensex end the day in the positive territory.

Lyons Range
KOLKATA: AFTER a long while, the RIL counter overtook the Satyam Computer Services scrip and posted itself on the top of the turnover chart at the Calcutta Stock Exchange on Thursday.

Technical Analysis
Bull domination
THE bulls dominated the proceedings on Thursday. The movement in the index was around 25 points. It closed with a gain of around 15 points with respect to Wednesday's close. However, the market sentiment of the tradable counters remains bearish.

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