THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications
Tuesday, July 24, 2001
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Markets

Fast track
IT sector: Positive signals
MANY top companies in the new economy as well as old economy sectors have come out with their results for the June quarter. Surprisingly, top IT companies has posted good results as against market expectations.

Technical Analysis
Bear domination
MONDAY'S trading witnessed a bear domination. Index fell by around 15 points initially. Later on, the bulls managed to make a partial recovery. It closed for the day with a loss of around eight points with respect to Friday's close. The trend in the i ndex remained sideways. The market sentiment reading of the tradable counters continue to remain bearish.

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