Thursday, June 15, 2006

Indian Stock Market - Morning Update

The global ques are looking great this morning, US markets closed on a high note with some favorable economic data coming in and a few good results, Asian markets are also trading high this morning.
Dow closed above 11,000 up +198.27 or +1.83%,Nasdaq also had good gains closed in green up +58.15 or +2.79%.
This morning, Hang Seng is up +2%,Taiwan Index is up +2.5% and Nikkei is up +2.8%.

With this kind of global ques we could expect another good trading day in Dalal Street.


All Indian ADR's closed in green:

Technology :
WIPRO LTD.    11.66    0.88    8.16%
INFOSYS TECHN ADS    69.66    3.68    5.58%
PATNI COMPUTER SY    14.34    0.51    3.69%
SATYAM COMPUTER S    32.15    3    10.29%

Banking ADRs:

HDFC BANK LTD    51.51    5.77    12.61%
ICICI BK LTD ADS    25.55    2.52    10.94%

Others:
DR. REDDY'S LAB L    27.63    2.09    8.18%
VIDESH SANCHAR NE    15.15    1.08    7.68%
TATA MOTORS INC    16.54    1.25    8.18%
MAHANAGAR TEL ADS    6.95    0.61    9.62%


Global Indices:

America
DOW JONES INDUSTR    11015.19    198.27    1.83%
NASDAQ COMPOSITE    2144.15    58.15    2.79%
IBOVESPA SAO PAUL    32941.461    0    0.00%
IPC    17932.33    1130.23    6.73%


Europe
FTSE 100    5619.3    112.5    2.04%

Asia


China
HANG SENG INDEX    15763.06    327.98    2.12%
SSE Composite Ind    1554.918    20.938    1.36%

Japan
NIKKEI 225    14883.48    412.72    2.85%

Taiwan
TSEC weighted ind    6592.62    166.23    2.59%

Jakartha
Composite Index    1273.969    32.319    2.60%


News:
- Microsoft Hyderabad unit to hire 1,000 in 3 years
- Ashok Leyland in talks with global player for LCV biz

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