Tuesday, June 13, 2006

Indian Stock Market - Morning Update (Wednesday)

The global ques are kind of mixed this morning, while US markets were down, Asian markets are mixed.
Dow closed down -0.80%,Nasdaq was down -0.90%, Hang Seng is up 0.22%,Taiwan Index is up 1.64% and Nikkei is up 0.30%.
We could expect Indian stock market to be volatile even today. As we have been seeing there is lot of selling happening at higher levels.

All Indian ADR's closed in red:

Technology :
WIPRO LTD.    10.35    -0.41    -3.81%
INFOSYS TECHN ADS    65.71    -1.05    -1.57%
PATNI COMPUTER SY    14.16    -0.49    -3.34%
SATYAM COMPUTER S    28.85    -0.54    -1.84%

Banking ADRs:
HDFC BANK LTD    44.55    -0.6    -1.33%
ICICI BK LTD ADS    22.5    -0.15    -0.66%

Others:
DR. REDDY'S LAB L    25    -0.75    -2.91%
VIDESH SANCHAR NE    13.51    -0.86    -5.98%
TATA MOTORS INC    14.91    -0.43    -2.80%
MAHANAGAR TEL ADS    6.3    -0.25    -3.82%


Global Indices:

America
DOW JONES INDUSTR    10706.14    -86.44    -0.80%
NASDAQ COMPOSITE    2072.47    -18.85    -0.90%
IBOVESPA SAO PAUL    32847.609    0    0.00%
IPC    16653.15    -333.119    -1.96%


Europe
FTSE 100    5519.6    -101.3    -1.80%

Asia

China
HANG SENG INDEX    15268.4    33.98    0.22%
SSE Composite Ind    1523.465    -25.03    -1.62%

Japan
NIKKEI 225    14259.6    41    0.29%

Taiwan
TSEC weighted ind    6441.33    104.12    1.64%

Jakartha
Composite Index    1226.389    -10.179    -0.82%


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