Sunday, May 07, 2006

Indian Stock Market - Morning Update (Monday)

Daily Indian Stock Market Update

The Global Markets are looking good this morning, On Friday Dow and Nasdaq were up by 1.12% and 0.80%. Asian markets are also good SSE is up by 3.05%,Taiwan Index is up 0.77% and FTSE 100 (europe) is up by 0.91%.
Indian Stock market has been very volatile in the last week but managed to close in green.

NOTE:
- New Listings today : Plethico Pharmaceuticals Ltd

Indian ADR's (On Frida)
Most Major ADRS were up
Technology :
Infosys 82.17 +1.14 +1.41%
Satyam 37.30 +0.76 +2.08%
Wipro 14.70 +0.25 +1.73%
Patni 16.92 0.00 0.00%

Banking ADRs:
HDFC Bank 61.14 +0.04 +0.07%
ICICI Bank 29.95 -0.15 -0.50%
Others:
VSNL 21.90 +1.06 +5.09%
Dr. Reddy's Lab 37.67 +0.87 +2.36%
Tata Motors 21.80 +0.05 +0.23%
MTNL 9.48 -0.02 -0.21%


Stock Picks: All are Day Trading Picks
- TATA Steel


The global indices
Global Markets/Indices this morning:
America
DOW 11,577.74 +138.88 +1.21%
Nasdaq 2,342.57 +18.67 +0.80%
MXX 21,237.449 -56.211 -0.26%

Europe
FTSE 100 6,091.70 +54.80 +0.91%

China
Shanghai Composite 1,484.184 +43.961 +3.05%
Hang Seng 17,220.60 +206.67 +1.21%

Japan
Nikkei 225 3,663.95 0.00 0.00%

Taiwan
Taiwan Weighted 7,427.35 +56.91 +0.77%


News:
- i-flex Q4 net grows 63%, declares 100% dividend


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