Tuesday, March 21, 2006

Morning Update (Wednesday)

The market showed some amount of selling pressure at the end of the trading session yesterday.
Global Markets/Indices this morning:
US
Dow 11,235 Down 39
Nasdaq 2294 Down 19

Brazil
Bovespa 37,398.01 Down 805.49 (2.11%)

China
Shanghai Composite 1,290.906 Up 0.511 (0.04%)

Japan
Nikkei 225 16,500.58 Down 124.22 (0.75%)

Taiwan
Taiwan Weighted 6,412.03 Down 46.00 (0.71%)

Europe looks dull as well

Global markets looks weak overall , we need to see how Indian market reacts to this.
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:
- Bajaj Auto
- Dabur India
- Wipro
- HDFC Bank
- L&T
- Zee Tele

News:
- Thee PSU banks to go for IPO

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