Sunday, May 14, 2006

Indian Stock Market - Morning Update (Monday)

The global markets closed down on Friday, Dow is down -1.04%, Nasdaq is down -1.27%. Today morning Asian markets are also seen in the same mood, Nikkei is down -1.62%, Taiwan Index is down -0.78% and FTSE 100 is down -2.15%.
The markets were down due to the raising commodities prices and fear of continued raise in interest rates.


Indian ADR's
Major Indian ADRS were down today,except for Dr Reddys,HDFC Bank and TATA Motors
Technology :
Infosys 77.08 -1.53 -1.95%
Satyam 34.91 -0.47 -1.33%
Wipro 13.59 -0.20 -1.45%
Patni 16.15 -0.45 -2.71%

Banking ADRs:
HDFC Bank 61.90 +0.42 +0.68%
ICICI Bank 28.71 -0.91 -3.07%
Others:
VSNL 20.96 -0.27 -1.27%
Dr. Reddy's Lab 37.33 +0.30 +0.81%
Tata Motors 21.30 +0.16 +0.76%
MTNL 8.80 -0.26 -2.87%



Global Indices:
America
DOW 11,380.99 -119.74 -1.04%
NASDAQ 2,243.78 -28.92 -1.27%
MXX 21,154.900 -280.369 -1.31%

Europe
FTSE 100 5,912.10 -129.90 -2.15%

Asia

China
HAND SENG Index 16,564.08 -337.77 -2.00%
SSE Composite 1,629.609 +26.777 +1.67%

Japan
Nikkei 16,332.99 -268.79 -1.62%

Taiwan
TSEC weighted index 7,222.06 -56.90 -0.78%

Jakartha
Composite Index 1,481.224 -44.556 -2.92%


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