Indian Stock Market - Morning Update (Thursday)

Global Markets are looking great this morning, Dow up 0.63%, Nasdaq up by 0.14%, IBOVESPA up by 1.69%. Asian markets are also in green Nikkei is up 0.55%,Taiwan Index is up 0.26% and FTSE 100 (europe) is up by 0.29%.

Indian ADR's
Major ADRS were up today
Technology :
Infosys was up 0.24% at 79 USD
Satyam was up 1.65% at 36 USD
Wipro is up by 0.99% at 14 USD
Patni Computers is down 13.34% at 17 USD

Banking ADRs:
HDFC Bank up 1.59% at 59 USD
ICICI Bank down 1.93% at 27 USD
Others:
VSNL is up 1.88% at 19 USD
Dr. Reddy's Lab is up 1.83% at 32 USD
Tata Motors is up 3.39% at 21 USD
MTNL up 4.4% at 9 USD

NOTE:
- Results to be announced today
- F&O settlement will happen since today being the last Thursday of the month


Stock Picks: All are Day Trading Picks
- Reliance Industries
- Wipro
- L&T
- Zee

The global indices
Global Markets/Indices this morning:
America
DOW 11,354.49 +71.24 +0.63%
Nasdaq 2,333.63 +3.33 +0.14%
BVSP 40,410.059 +671.99 +1.69%
MXX 20,566.910 +206.301 +1.01%

Europe
FTSE 100 6,104.30 +17.70 +0.29%

China
Shanghai Composite 1,417.212 -0.265 -0.02%
Hang Seng 16,672.66 0.00 0.00%

Japan
Nikkei 225 17,149.289 +93.36 +0.55%

Taiwan
Taiwan Weighted 7,187.84 +18.86 +0.26%

Jakartha
Jakartha Composite Index 1,481.719 0 0.00%

News:
- Hinduja TMT approves demerger of BPO
- Dabur eyes acquisitions abroad

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