Indian Stock Market - Morning Update (Tuesday)

All Global markets are trading weak today, earlier US markets plunged on fears of raising Oil prices, Inflation and fed rate hikes. Dow closed -199 points or -1.77% and Nasdaq closed -2.24% or almost -50 points down. Among Asian markets today Hang Seng Index is down -0.84%, Jakartha Index is down -1.98% and Nikkei is down -1.53%. All Indian ADR's closed in RED.
As observed from the past few weeks Indian markets have been following global trends, we can expect even Indian stock market to open in a weak note.


Indian ADR's
All Indian ADR'S were down today,
Technology :
Infosys 68.63   2.78   -3.89%
Satyam 31.40   -1.62   -4.91%
Wipro 11.96   -0.38   -3.08%
Patni 15.30   -0.19   -1.23%

Banking ADRs:
HDFC Bank   52.10   -3.1
ICICI Bank    25.48   -1.72
Others:
VSNL    16.17   -0.89  
Dr. Reddy's Lab    28.05   -0.4  
Tata Motors    16.84   -0.58  
MTNL    7.06   -0.39  



Global Indices:

America
DOW   11048.72   -199.15  
NASDAQ   2169.62   -49.78  
MXX   18954.92   -466.811  


Europe
FTSE 100   5762.1   -2.5  

Asia

China
HANG SENG Index   15881.53   -134.7  
SSE Composite   1692.619   7.995  

Japan
Nikkei 225   15428.43   -239.88  

Taiwan
TSEC weighted index    6640.23   -75.04  

Jakartha
Composite Index   1322.368   -26.67  

NEWS:
- Genpact tops list of third-party BPOs, Wipro gets the 3rd Spot
- Petrol price up Rs 4, diesel Rs 2
- Patni buys ZAiQ Tech


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