Tuesday, April 25, 2006

Indian Stock Market - Morning Update (26-Apr-2006)

Global Markets are looking mixed today, while Dow is down -0.47%, the Asian are looking better, SSE composite is up by +1% and Nikkei is up by +0.27%
Oil prices cooled down a bit and have come down to $72/barrel

Indian ADR's
Major ADRS were down today
Only Patni Computers and HDFC Bank closed in green

- Results to be announced today
- R Systems International to listed today

Stock Picks:
All are Day Trading Picks
- Reliance
- Cipla
- Maruti

The global indices
Global Markets/Indices this morning:
US
DOW 11,283.25 -53.07 -0.47%
Nasdaq 2,330.30 -3.08 -0.13%
MXX 20,360.609 +161.898 +0.80%

Europe

FTSE 100 6,086.60 -12.10 -0.20%

China
Shanghai Composite 1,415.153 +15.386 +1.10%
Hang Seng 16,595.01 +17.24 +0.10%

Japan
Nikkei 225 17,016.779 +46.49 +0.27%

Taiwan
Taiwan Weighted 7,087.60 +27.66 +0.39%

Jakartha
Jakartha Composite Index 1,478.161 +19.377 +1.33%

News:
- Subex buys UK's Azure

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