Fast track
Tata Tea: Retaining the flavour
THE market has been trading within a 400-point range and seems unable to sustain any major trend. There has been a lot of activity in the infotech sector mainly due to FII inflows. Among the losers in the last fortnight were a few stocks from the tea ind ustry. The likes of Tata Tea, Eveready Industries, and Jayshree Tea were the major losers from the sector.

Impact
ITC Bhadrachalam: Lowering the debt burden
THE move of ITC Bhadrachalam Paperboards to retire the high-cost debt may be viewed favourably.

Dabur, HCL Tech: Useful stock-splits
THE proposed stock-split by Dabur India and HCL Technologies may help underpin firm trends in the prices of the two stocks.

TNPL: Organic growth
THE indications provided by the top management of TNPL that it would pursue growth through fresh capacity creation and modernisation may augur well from a medium to long-term perspective.

Stocks
Usha Beltron, Vikas WSP in limelight
ON the first day of the settlement on Monday, the 30-share sensitive index at the Bombay Stock Exchange closed on a weak note at 4395.81 points, down by 21.05 points (0.48 per cent). The poor sentiment and unwinding by speculators led to the BSE Sensex o pening at 4443.71, touching a high of 4452.76 and a low of 4393.61 before closing for the day at 4395.81 points.

Technical Analysis
Nifty turns sideways
THE uptrend in the index turned sideways during Monday's trading. The sideways trend of the Sensex remained intact. The bullish sentiment in the market continued with a decrease in its value. Bull domination in the market on Tuesday is likely to trigger an uptrend in both the counters.

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