Thursday, March 23, 2006

Indian Stock Market - Morning Update (Friday)

Yesterdays market ended flat, today being the last day for this weeks trading, it's very important on how the markets react today, if the markets don't go up then there is a possibility that the weakness shown this week will continue in the next week as well. It is also March end and April is start of yearly earnings report month, I think market is waiting for these report before it decides the fate.

The global indices are looking weak today
Global Markets/Indices this morning:
US
Dow 11,270.29 -47.14 -0.42%
Nasdaq 2,300.15 -3.20 -0.14%

Brazil & Mexico
Bovespa 37,473.852 -376.74 -1.00%
MXX 19,255.869 -342.240 -1.75%

China
Shanghai Composite 1,300.89 -1.567 -0.12%
Hang Seng 15,747.61 -23.56 -0.15%

Japan
Nikkei 225 16,495.789 +6.42 +0.04%

Taiwan
Taiwan Weighted 6,379.81 +15.21 +0.24%

Europe markets are flat


To check the current levels of Global markets Indices check here:
Yahoo! Finance American Markets
Yahoo! Finance Asian Markets
Yahoo! Finance Europe Markets

Stock Picks for today: (for day trading)
- Satyam
- SAIL
- Zee Tele

Technorati Tags: , , , , , , ,

No comments: