Wednesday, April 12, 2006

Indian Stock Market - Morning Update (Thursday)

Global markets are looking better today, Dow was up +40 points and Nasdaq is up by +4 points. The Asian markets are mixed, Nikkei is down by -0.34%, Hang Seng is up by 0.33% and Taiwan Weighted is up by 0.59%.

Traders please be very cautious in todays trading, observe the market initially and then take your steps.

Stock Picks: All are Day Trading Picks
- ACC
- RIL
- TATA Motors

The global indices
Global Markets/Indices this morning:
Dow 11,129.97 +40.34 +0.36%
Nasdaq 2,314.68 +4.33 +0.19%
Brazil & Mexico
Bovespa 38,427.41
MXX 19,322.619 -142.531 -0.73%

China
Shanghai Composite 1,345.003 -15.129 -1.11%
Hang Seng 16,364.91 +54.15 +0.33%

Japan
Nikkei 225 17,103.619 -58.93 -0.34%

Taiwan
Taiwan Weighted 6,848.52 +40.02 +0.59%

News:
- Chevron picking up 5 pc in Reliance Petro for $300 m
- Airtel joins Bridge alliance
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