Indian Stock Market - Morning Update (Thursday)

The global cues are good this morning, Yesterday US markets closed in GREEN.
Dow closed up +0.45% and Nasdaq closed up +0.55%.
This morning the Asian markets are looking good as well, Hang Seng is up +0.81%, Nikkei is up +1.54% and Taiwan Index is up +1%

With these cues we can expect dalal street to move up firmly today.

Indian ADR's were mixed :

Technology :
WIPRO LTD.    12.15    0.41    3.49%
INFOSYS TECHN ADS    72.7    1.73    2.44%
PATNI COMPUTER SY    14.22    0.02    0.14%
SATYAM COMPUTER S    32.15    0.34    1.07%

Banking ADRs:
HDFC BANK LTD    49.56    0.12    0.24%
ICICI BK LTD ADS    22.49    -0.04    -0.18%

Telecom:
VIDESH SANCHAR NE    17.35    1.23    7.63%
MAHANAGAR TEL ADS    6.44    -0.01    -0.16%

Others:
DR. REDDY'S LAB L    27.29    -0.01    -0.04%
TATA MOTORS INC    16.2    0.03    0.19%


Global Indices:

America
DOW JONES INDUSTR    10973.56    48.82    0.45%
NASDAQ COMPOSITE    2111.84    11.59    0.55%
IBOVESPA SAO PAUL    34834.648    0    0.00%
IPC    18101.83    80.359    0.45%


Europe
FTSE 100    5678.6    26.3    0.47%

Asia

China
HANG SENG INDEX    15870.2    127.54    0.81%
SSE Composite Ind    1666.447    27.161    1.66%

Japan
NIKKEI 225    15114.68    228.57    1.54%

Taiwan
TSEC weighted ind    6607.97    67.04    1.02%

Jakartha
Composite Index    1279.044    6.991    0.55%



NEWS:


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