Indian Stock Market - Morning Update (Thursday)

Daily Indian Stock Market Update

The Global Markets are mixed this morning, Dow and Nasdaq were marginally down by 0.14% and 0.25%. Asian markets are also mixed Han Seng is down by 0.19%,Taiwan Index is up 1.34% and FTSE 100 (europe) is down by 1.19%.
Indian Stock market had two good trading days, traders have to take caution during the early trading hours, yesterday there was some choppiness seen in the early hours of trading.

NOTE:
- Results to be announced Today


Indian ADR's
Major ADRS were mixed today
Technology :
Infosys was up 1.14% at 79 USD
Satyam was up 0.81% at 36 USD
Wipro is down by 0.93% at 13 USD
Patni Computers is up 1.53% at 16 USD

Banking ADRs:
HDFC Bank up 0.22% at 59.9 USD
ICICI Bank down 0.94% at 29.4USD
Others:
VSNL is up 4.3% at 20 USD
Dr. Reddy's Lab is down 0.96% at 36 USD
Tata Motors is up 1.17% at 21 USD
MTNL up 0.53% at 9.5 USD


Stock Picks: All are Day Trading Picks
- Bharti Tele
- Cipla
- Zee
- MTNL

The global indices
Global Markets/Indices this morning:
America
DOW 11,400 -16.17 -0.14%
Nasdaq 2,303 -5.87 -0.25%
BVSP 40,919
MXX 21,159.160 +79.291 +0.38%

Europe
FTSE 100 6,010.00 -72.10 -1.19%

China
Shanghai Composite 1,440.223 +23.491 +1.66%
Hang Seng 16,993.85 -33.13 -0.19%

Japan
Nikkei 225 17,153

Taiwan
Taiwan Weighted 7,339.49 +97.12 +1.34%

Jakartha
Jakartha Composite Index 1,485.126 -13.945 -0.93%

News:
- Gujarat Ambuja to merge Ambuja Cement Eastern with itself
- State Bank of Mysore plans stock split

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