Fast track
Vikas WSP: Slip and slide
IT has been an uncertain time for traders and investors in a market devoid of any firm directional trends. Though there have been short bursts of inspired trading, as the one on Tuesday when the Sensex gained 67 points, the general story has been one of dull trends with the indices moving sideways. However, there has been concentrated activity in specific stocks, such as Vikas WSP and Atlas Cycles

Impact
Cyanamid Agro: Just consolidation
CYANAMID Agro's notification to the exchanges that it has received an intimation from Vermogensverwaltungs GmbH (a subsidiary of its parent, American Home Products, USA) that it has acquired a 68.77 per cent stake in the company from two other subsidiar ies of American Home, may not have a near-term impact on the stock price of Cyanamid Agro on the domestic bourses.

CIPLA: Good, but not enough
Cipla's deal with Andrx Corp. to supply Omeprazole bulk may not lead to a firm trend in the stock price in the near future.

Stocks
Hindalco, Nestle take centrestage
The five day winning streak at the BSE was snapped on Wednesday with the Sensex losing 61.11 points or 1.28 per cent from the previous day's close of 4763.63 points. After touching a high of 4790.63 points, the Sensex ended the day at 4702.52 p oints.

Technical Analysis
Bears dominate
THE uptrend in both the indices continued on Wednesday in spite of the bear domination. The sentiment of the market became bullish on Wednesday.

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