Sunday, March 26, 2006

Indian Stock Market - Morning Update (Monday)

Friday : NSE and BSE closed at all time high on friday and just about 50 points to touch 11K mark. On firday Dow and Nasdaq also closed in the green. Most of the global markets were looking good.

Monday : Today the asias markets are looking strong, Nikkei is up 128 points and even Thaiwan is looking good. This is good news for Indian market with this positive strength and with the momentum that was seen on friday we can expect that Sensex will close above the 11K mark today.

The global indices on friday
Global Markets/Indices this morning:
US
Dow 11,279.97 +9.68 +0.09%
Nasdaq 2,312.82 +12.67 +0.55%

Brazil & Mexico
Bovespa Not Available
MXX 19,339.301 +83.432 +0.43%

China
Shanghai Composite 1,287.483 -7.221 -0.56%
Hang Seng 15,699.19 -17.27 -0.11%

Japan
Nikkei 225 16,689.23 +128.36 +0.78%

Taiwan
Taiwan Weighted 6,412.80 +36.18 +0.57%


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)
- ITC
- Zee Tele


News:
Mukesh to Invest Rs 450 cr in Reliance Petroleum Ltd
Citigroup ready to exit Progeon

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