Thursday, May 04, 2006

Indian Stock Market - Morning Update (Friday)

Daily Indian Stock Market Update

The Global Markets are looking good this morning, Dow and Nasdaq were up by 0.34% and 0.87%. Asian markets are also good SSE is up by 1.66%,Taiwan Index is up 1% and FTSE 100 (europe) is up by 0.45%.
Indian Stock market had a very volatile day yesterday, we have to wait and watch which way the markets head, yesterday there was lot of profit bookings seen.

NOTE:
- Results to be announced today
- Today is also the lasttrading day of the week.

Indian ADR's
All Major ADRS were up today
Technology :
Infosys 81.03 +1.87 +2.36%
Satyam 36.54 +0.38 +1.05%
Wipro 14.45 +0.58 +4.18%
Patni 16.93 +0.29 +1.74%

Banking ADRs:
HDFC Bank 61.10 +1.20 +2.00%
ICICI Bank 30.10 +0.68 +2.31%
Others:
VSNL 20.84 +0.44 +2.16%
Dr. Reddy's Lab 36.80 +0.63 +1.74%
Tata Motors 21.75 +0.20 +0.93%
MTNL 9.50 0.00 0.00%


Stock Picks:
All are Day Trading Picks
- Maruti
- MTNL
- Reliance


The global indices

Global Markets/Indices this morning:
America
DOW 11,438.86 +38.58 +0.34%
Nasdaq 2,323.90 +19.93 +0.87%
BVSP 40,975.781 +56.02 +0.14%
MXX 21,293.660 +134.500 +0.64%

Europe
FTSE 100 6,036.90 +26.90 +0.45%

China
Shanghai Composite 1,440.223 +23.491 +1.66%
Hang Seng 17,013.93 -13.05 -0.08%

Japan
Nikkei 225 Data Not Available

Taiwan
Taiwan Weighted 7,418.62 +73.58 +1.00%

Technorati Tags: , , , ,, , , , , ,, ,

No comments: