Fast track
Open offer, a kicker for ITW Signode
IN a flat lacklustre market, there are very few stocks that have had pronounced price movements. This is only to be expected. Perhaps the most noticeable trend is that the small and mid sized tech companies are taking on the markets. The other aspects t hat are noticeable are the open offer linked gains made by quite a few stocks.

Stocks
Satyam active in Lyons Range
THE high point of the generally dull trading session on Friday at the Calcutta Stock Exchange was Rs 20.46 crore turnover recorded by the Satyam Computers scrip out of the total bourse's volume worth Rs 61.88 crore.

Hectic activity in Balaji Tele, HCL Tech
STOCK prices generally meandered down during the day, as trading activity remained cantered on a few pivotals. At the BSE, the Sensex closed down by a few points as the erosion in stock prices of HLL, Infosys and ITC more than offset the gain in stock pr ices of Reliance and Reliance Petroleum.

Technical Analysis
Uptrend triggered
FRIDAY'S trading witnessed narrow movement in the index. However, this was sufficient to initiate a fresh uptrend, terminating the downtrend. The Nifty moved within a close band of 7 points. It closed with a marginal loss of 2 points with respect to Thur sday's close. The market sentiment reading of the tradable counters remained bearish.

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