Tuesday, May 09, 2006

Indian Stock Market - Morning Update (Wednesday_

Daily Indian Stock Market Update

The Global Markets are looking bit of mixed this morning, Dow was up 0.48% while Nasdaq was down by 0.29% and 0.10%. Asian markets are also mixed SSE is up by 0.18%,Taiwan Index is down -0.72%,Nikkei is up by 0.15% and FTSE 100 (Europe) is up by 0.63%.


Indian ADR's
Most Major ADRS were mixed today,
Technology :
Infosys 82.42 +0.62 +0.76%
Satyam 37.11 -0.15 -0.40%
Wipro 14.09 +0.17 +1.22%
Patni 16.95 +0.03 +0.18%

Banking ADRs:
HDFC Bank 62.84 -0.66 -1.04%
ICICI Bank 30.15 +0.03 +0.10%
Others:
VSNL 21.61 -0.21 -0.96%
Dr. Reddy's Lab 37.74 -0.38 -1.00%
Tata Motors 21.96 +0.32 +1.48%
MTNL 9.70 +0.09 +0.94%


Stock Picks: All are Day Trading Picks
- Bajaj Auto
- Bharti AirTel
- India Cements

The global indices
Global Markets/Indices this morning:
America
DOW 11,639.77 +55.23 +0.48%
Nasdaq 2,338.25 -6.74 -0.29%
MXX 21,822.930 +214.260 +0.99%

Europe
FTSE 100 6,105.60 +38.50 +0.63%

China
Shanghai Composite 1,533.881 +2.72 +0.18%
Hang Seng 17,124.939 -9.05 -0.05%

Japan
Nikkei 225 17,216.391 +25.48 +0.15%

Taiwan
Taiwan Weighted 7,336.03 -52.91 -0.72%

Jakartha
Composite Index 1,529.844 -2.78 -0.18%


News:
- LIC, SBI, Goldman Sachs hike stake in Reliance Petro (RPL)
- AstraZeneca clears stock split
- GSM subscriber base grows 2.93 m in April


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