Fast track
Smooth ride for Hero Honda
WITH earnings season getting over, the stock market is likely to be stuck in a narrow range. Unless there is a string of positive news, the market would remain range-bound. The developments pertaining to US-64 would also have a major impact on the market movement.

Stocks
Satyam up in Lyons Range
THE Calcutta Stock Exchange on Friday recorded slightly higher volume than this week's average of around Rs 75 crore, thanks to the activity in the Satyam Computers stock.

Sterlite Optical up on buyback news
THE markets continued to move in a narrow range on Friday and edged up by a marginal 0.81 per cent, aided by a rally in technology and optical fibre stocks. The 30-stock barometer closed at 3325.38 points, up by 26.60 points from the previous day's close . Among the 1,232 scrips traded, 651 companies gained, while 470 emerged losers.

Technical Analysis
Mild bull domination
FOR the second successive trading, the index moved quite narrowly. The movement on Friday was only around nine points. Bulls managed to gain from the day's trading. Nifty closed for the week with a gain of seven points with respect to Thursday's close. The market sentiment reading of the tradable counters changed to bullish.

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