Fast track
Buyback offers propel activity
WITH the Securities and Exchange Board of India (SEBI) deferring the decision on carry-forward system to May 14, the stock market is expected to move in a narrow band till such time.

Impact
MRO-Tek: Steep cut in revenue targets
THE indications by MRO-Tek that its revenues would be sharply lower for 2001-02 may lead to sluggish trends in the stock price.

Siemens: Led by buyback
THE specifics of the stock buyback programme may lead to some steady trends in the stock price in the near term.

Stocks
Infosys leads the software rally
THE market sentiment got a boost on Monday after a sharp recovery at the US markets on Friday. US stocks staged a comeback in the latter half of Friday's trading, after being confined to the negative territory in the earlier half.

Lyons Range
THE Calcutta Stock Exchange saw a mixed price trend at close on Monday.

Technical Analysis
Uptrend triggered
THE bulls dominated the market in the initial hours on Monday during which a fresh uptrend was triggered in the index. The index finally closed a few points below the day's high. Many counters also triggered fresh uptrends on Monday.

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