The Bulls & Bears Of Sensex

THE index opened with a marginal bull gap of about three points on Tuesday. With this as the high for the day the bears started hammering the index down. The index lost a substantial amount of about 50 points from the day's open/high. In that sense, the value delivered by one's brand must not only compete with that of another in the same category, but the attractiveness of other options _ all of which come from the same family budget

  THE Calcutta Stock Exchange on Tuesday saw a fixed price trend in pivotals. However, as operators substantially shifted positions from NSE to CSE through arbitrage deals, the local prices were higher than on NSE. THE valuation of the DSQ Software stock may perk up on the back of the firm tying up new sources of revenue.

THE stock market closed on a weak note after having touched an all-time high of 6150 points on Monday. It appears to be in the midst of a technical correction. The near-term trend of the Sensex would be largely influenced by the price movement in the key heavyweight stocks such as Infosys Technologies, ITC and Hindustan Lever.

THE stock of Shri MM Softek may be on firm territory following the likelihood of Transtream Inc of the US picking up a majority stake in the company. Any acquisition by Transtream, a stronger partner, would help Shri MM Softek access the client base of t he former for providing services translating into better growth prospects.