Monday, June 26, 2006

Indian Stock Market - Morning Update (Tuesday)

The global cues are good this morning, Yesterday US markets closed in GREEN.
Dow closed up +0.51% and Nasdaq closed up +0.58%.
This morning the Asian markets are looking good too, Hang Seng is up +0.32%, Nikkei is up +0.13% and Taiwan Index is up +0.92%


All Indian ADR's except Patni and HDFC Bank closed in RED on Monday:

Technology :
WIPRO LTD.    11.99    -0.15    -1.24%
INFOSYS TECHN ADS    70.77    -1    -1.39%
PATNI COMPUTER SY    14.39    0.09    0.63%
SATYAM COMPUTER S    32.25    -1    -3.01%

Banking ADRs:
HDFC BANK LTD    51    0.09    0.18%
ICICI BK LTD ADS    23.04    -0.45    -1.92%

Telecom:
VIDESH SANCHAR NE    15.55    -0.83    -5.07%
MAHANAGAR TEL ADS    6.71    -0.23    -3.31%

Others:
DR. REDDY'S LAB L    27.31    -0.22    -0.80%
TATA MOTORS INC    16.29    -0.86    -5.01%


Global Indices:

America
DOW JONES INDUSTR    11045.28    0.51%
NASDAQ COMPOSITE    2133.67    0.58%
IBOVESPA SAO PAUL    34631.238    0.00%
IPC    18491.4    -0.29%


Europe
FTSE 100    5681.2    -0.19%

Asia

China
HANG SENG INDEX    15855.37    0.32%
SSE Composite Ind    1637.761    0.26%

Japan
NIKKEI 225    15172.16    0.13%

Taiwan
TSEC weighted ind    6584.61    0.93%

Jakartha
Composite Index    1290.868    0.55%


NEWS:
- Arcelor deal could transform global steel industry
- NIIT Tech posts 14 pc rise in Q4 net
- RIL to unveil retail roadmap today

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