Indian Stock Market - Morning Update (Wednesday)

All the Global Markets are in green this morning, Dow is up 0.64%, Nasdaq up by 0.22%. Asian markets are also in green Nikkei is up 1.35%,Taiwan Index is up 0.67% and FTSE 100 (europe) is up by 0.98%.
After yesterdays mega bull run, Sensex is again on a upward move, presently it is up by 96 points at 12,314 and Nifty is up 28 points at 3,634.

Indian ADR's
Major ADRS were mixed today
Technology :
Infosys was up 0.06% at 78 USD
Satyam was up 2.87% at 35 USD
Wipro is down by 0.78% at 14 USD
Patni Computers is down 1.8% at 16 USD

Banking ADRs:
HDFC Bank up 1.25% at 60 USD
ICICI Bank up 3.7% at 29 USD
Others:
VSNL is down 0.15% at 19 USD
Dr. Reddy's Lab is up 4.6% at 36 USD
Tata Motors is down 0.33% at 21 USD
MTNL up 2.16% at 9 USD


Stock Picks: All are Day Trading Picks
- Reliance Industries
- Wipro
- Hero Honda
- ICICI Bank

The global indices
Global Markets/Indices this morning:
America
DOW 11,416.45 +73.16 +0.64%
Nasdaq 2,309.84 +5.05 +0.22%
BVSP 41,016.578
MXX 21,079.869 +433.680 +2.10%

Europe
FTSE 100 6,082.10 +59.00 +0.98%

China
Shanghai Composite 1,440.223 +23.491 +1.66%
Hang Seng 17,004.35 +136.31 +0.81%

Japan
Nikkei 225 17,153.77 +228.06 +1.35%

Taiwan
Taiwan Weighted 7,247.59 +47.99 +0.67%

Jakartha
Jakartha Composite Index 1,492.454 +16.561 +1.12%


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