Tuesday, June 20, 2006

Indian Stock Market, Outlook for Wednesday

The global ques are looking mixed this morning, Yesterday the US markets closed flat.
Dow closed up +0.30% and Nasdaq closed down -0.16%.
This morning most of the Asian markets are trading in RED or flat, Hang Seng is down -0.02%, Nikkei is down -0.35% and Taiwan Index is down -0.59%

Sensex had a very volatile trading session yesterday, with this 'Q' in the morning one can expect another day of volatility in dalal Street.


Indian ADR's closed mixed on Tuesday:

Technology :
WIPRO LTD.    11.86    0.33    2.86%
INFOSYS TECHN ADS    70.69    0.08    0.11%
PATNI COMPUTER SY    14.21    -0.12    -0.84%
SATYAM COMPUTER S    31.1    -0.45    -1.43%

Banking ADRs:
HDFC BANK LTD    49.35    0.86    1.77%
ICICI BK LTD ADS    24.54    0.89    3.76%

Others:
DR. REDDY'S LAB L    27.46    -0.2    -0.72%
VIDESH SANCHAR NE    16.05    0.35    2.23%
TATA MOTORS INC    16.74    0.16    0.97%
MAHANAGAR TEL ADS    6.83    0.08    1.19%


Global Indices:

America
DOW JONES INDUSTR    10974.84    32.73    0.30%
NASDAQ COMPOSITE    2107.06    -3.35    -0.16%
IBOVESPA SAO PAUL    33632.141    0    0.00%
IPC    17781.279    199.398    1.13%

Europe

FTSE 100    5658.2    32.1    0.57%


Asia

China
HANG SENG INDEX    15605.22    -3.75    -0.02%
SSE Composite Ind    1578.576    -13.756    -0.86%

Japan
NIKKEI 225    14597.15    -51.26    -0.35%

Taiwan
TSEC weighted ind    6325.78    -37.77    -0.59%

Jakartha
Composite Index    1295.545    0.575    0.04%


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