Fast track
ICICI: Cashing in on diversification
THE Bombay Stock Exchange (BSE) has seen a good run in the last fortnight and seems to have sustained the rally that began about two weeks ago. This is quite surprising in view of the recent decline in the tech-heavy Nasdaq Composite Index.

Impact
Dr Reddy's Labs: Flat trends loom
THE availability of enhanced equity leeway for foreign institutional investors in the Dr Reddy's Laboratories' stock may not lead to any notable uptrend in the stock.

SKF Bearings: Scaling down operations
The decision of SKF Bearings to scale down its operation may serve to underpin the weak trends in the stock price.

Stocks
Select old economy scrips hold fort
MUMBAI:SUSTAINED buying in select index heavyweights saw the Sensex end the day in positive territory.

Oil stocks surge on fall in crude prices
THE bulls tightened their grip on Tuesday, with the markets closing on a positive note aided by some buying in technology sector towards the end of the day. Select old economy stocks also attracted buying interest.

LYONS RANGE
CALCUTTA:THE Calcutta Stock Exchange on Tuesday saw spread-out buying interest, both in technology and old economy shares. However, movements were generally range-bound.

Technical Analysis
Bulls hold on
TUESDAY'S market activity was under the control of the bulls, who, however, could not gain much from the day's trading. The trends of both the indices continued in the upward direction. Market sentiment remained bullish, providing hope for the continuat ion of the prevailing trend.

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