Indian shares in narrow band as investors dither

TOP 3 STOCKS BY VOLUME

* Suzlon Energy (SUZL.BO: Quote, Profile, Research) on 6 million shares

* Satyam Computer (SATY.BO: Quote, Profile, Research) on 4.6 million shares

* Ispat Industries (ISPT.BO: Quote, Profile, Research) on 3.6 million shares

STOCKS ON THE MOVE

* Balaji Telefilms Ltd (BLTE.BO: Quote, Profile, Research) fell 4 percent to 52.55 rupees after the television content producer said late on Thursday it has received a show cause-cum-demand notice for service tax dues of 635 million rupees.

* Rail wagons makers and operators, including Container Corp of India (CCRI.BO: Quote, Profile, Research), Gateway Distriparks (GATE.BO: Quote, Profile, Research), Texmaco (TEXM.BO: Quote, Profile, Research) and Kalindee Rail (KALI.BO: Quote, Profile, Research), were up 2-5 percent ahead of the federal rail budget, that could announce significant contracts for these companies.

* Construction firm Maytas Infra Ltd (MAIL.BO: Quote, Profile, Research) rose 2.1 percent to 69.30 rupees, after the company, linked to the founders of fraud-hit Satyam Computer (SATY.BO: Quote, Profile, Research), said it had worked out a debt restructuring package with its lenders.

FACTORS TO WATCH * For technical analysis, double click on www.reutersindia.net * India rupee eases as dlr gains overseas, stocks eyed [INR/] * Indian bond yields fall as borrowing concerns recede [IN/] * FOREX-Euro off lows as market seeks direction after jobs

[FRX/] * Oil falls towards $66 after bleak U.S. jobs data [O/R] * Asia stocks slip, drop limited after US data [MKTS/GLOB] * Bleak payrolls report mauls Wall St; volume thin [.N] * For closing rates of Indian ADRs INADR (Reporting by Prashant Mehra; Editing by Muralikumar Anantharaman)