Indian Stock Market - Morning Update (Wednesday)

This week has been great so far for Sensex and Nifty , with few good earning reports which came market is expecting more such results in the coming weeks , which is the primary reason for Sensex reaching 11,500 mark in just 5 trading sessions from 11,000.
Few companies have also given good guidance for FY07 which is also driving the market. The domestic Mutual Funds have been pumping in the money from the recent NFO's.
The global markets are good, Dow and Nasdaq closed in green , Nikkei is also up 0.5%.

Stock Picks: All are Day Trading Picks
- SAIL
- 3i Infotech
- TV18
- BOC India

The global indices
Global Markets/Indices this morning:
US
Dow 11,203 +58 +0.5%
Nasdaq 2,345 +8.6 +0.3%

Brazil & Mexico
Bovespa 38,802 +85 +0.2%
MXX 19,764 +129 +0.6%

China
Shanghai Composite 1,334 +5.7 +0.39%
Hang Seng 16,100

Japan
Nikkei 225 17,392 +99 +0.57%

Taiwan
Taiwan Weighted N/A


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


News:
- 3i Infotech acquires Datacons for Rs 40 cr
- TV18 to pick up 50% in JobStreet
- Flextronics to invest in SemIndia project

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