Fast track
Foseco rides on Castrol ruling
THE past fortnight has been a nightmare for traders who seek to profit from short-term price changes. Small prices moves through a trading day and indices locked in a narrow band has been the dominant theme. With rolling settlement in place, speculative surges in frontline stocks seems to have gone out of the window at least for the present. But some of the more interesting price moves in an otherwise lacklustre market are:

Stocks
Lacklustre trading in Lyons Range
KOLKATA:EQUITY prices declined moderately on Lyons Range on Tuesday. The CSE-50 settled at 113.3, down from 113.49.

Hind Lever, HCL Info share the honours
TAILING the overnight gains at the American bourses, the Sensex managed to close in the positive territory on Tuesday. Though it logged a gain of about 18.51 points, the close at 3297.43 was off the day's high of 3310.53 points.

Technical Analysis
Narrow movement
TUESDAY'S trading witnessed a narrow movement. This left the downtrend in the index intact. Nifty moved within a close band of seven points. It closed with a gain of three points with respect to Monday's close. The market sentiment reading continued t o remain bearish.

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