Fast track
BHEL: In for hard times?
THOUGH the earnings performance of Bharat Heavy Electricals (BHEL) for the 2000-20001 fiscal has not been very impressive, the stock has been moving up in the recent past. Over the fortnight, the stock has gained close to 5.35 per cent to close at Rs 183 .05. The movement in the stock seems to have been largely driven by liquidity rather than changes in the fundamentals of the company.

Stocks
Lyons Range
KOLKATA: THE Calcutta Stock Exchange on Monday saw marginal improvement in sentiment because of buying interest in select old economy scrips.

Media, entertainment cos in limelight
ON Monday, the first day of the new settlement, the BSE Sensex opened on a positive note, gaining 13.48 points or 0.39 per cent to close at 3,509.32 points.

Technical Analysis
Nifty turns sideways
MONDAY'S trading activity witnessed narrow movement in the index. However, this was sufficient to terminate the 12-day old downtrend. The movement in the index was around 12 points. The Nifty closed with a marginal gain of two points with respect to Frid ay's close. The market sentiment continued to remain bearish.

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