Wednesday, May 31, 2006

Indian Stock Market - Morning Update (Thursday)

The global markets are looking healthy this morning, Dow is up 0.67%, Nasdaq is up 0.64%. Today morning Asian markets are also seen in the same mood, Nikkei is up 0.86%, SSE Index is up 2% and FTSE 100 is up 1.27%.
With these global ques we can expect a positive trend in Dalal street today, the Indian GDP growth number whic were released yesterday may pump some energy in to the markets.


Indian ADR's
All Indian ADR'S closed mostly in green,
Technology :
Infosys 70.60 +0.89 +1.28%
Satyam 32.17 +0.80 +2.55%
Wipro 11.99 -0.01 -0.08%
Patni 15.70 -0.02 -0.13%

Banking ADRs:
HDFC Bank 52.94 -0.20 -0.38%
ICICI Bank 26.60 +0.27 +1.03%
Others:
VSNL 16.74 -0.35 -2.05%
Dr. Reddy's Lab 29.00 +0.24 +0.83%
Tata Motors 16.80 +0.26 +1.57%
MTNL 7.34 0.00 0.00%


Global Indices:

America
DOW 11,168.31 +73.88 +0.67%
NASDAQ 2,178.88 +14.14 +0.65%
MXX 18,661.080 -180.260 -0.96%

Europe
FTSE 100 5,723.80 +71.80 +1.27%

Asia

China
HAND SENG Index 15,881.12 +23.23 +0.15%
SSE Composite 1,674.272 +32.972 +2.01%

Japan
Nikkei 15,600.49 +133.16 +0.86%

Taiwan
TSEC weighted index 6,890.68 +43.73 +0.64%

Jakartha
Composite Index 1,340.291 +10.295 +0.77%


NEWS:
- Dr Reddy`s prunes losses, offers 1:1 bonus
- Infosys plans to have 5,000 in China in 5 years


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