Sunday, April 09, 2006

Indian Stock Market - Morning Update (Monday)

Global markets ended in red on friday , Dow was down -96 points and Nasdaq was down by 22 points. The Other global markets are trading weak today, Mexican market is down by 2% and Nikkei is down by 0.67%.
This week will stat the corporate annual results, with ACC announcing it's results on 12-Apr-2006. Traders need to take some caution.

Stock Picks: All are Day Trading Picks
- Bajaj Auto
- Jet Airways
- ONGC

The global indices
Global Markets/Indices this morning:
Dow 11,120 -96 -0.86%
Nasdaq 2,339 -22 -0.94%
Brazil & Mexico
Bovespa 38,926
MXX 19,472 -397 -2%

China
Shanghai Composite 1,343 +0.9 +0.07%
Hang Seng 16,453 -18 -0.1%

Japan
Nikkei 225 17,442 -120 -0.69

Taiwan
Taiwan Weighted 6,795 +13.4 +0.2%

Europian markets are also down in on US rate fears.

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


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