Tuesday, July 18, 2006

Good Q1 numbers from TCS and Wipro might lift Sensex up today

The global cues are looking good this morning, US markets closed up Yesterday.
Down closed up +0.48% and Nasdaq also closed up by +0.27%.

This morning the Asian markets are seen good as well, currently Hang Seng is up +0.62%, Nikkei is up +1.05% and Taiwan Index is up +0.75%.

Key Points for Dalal Street today:
- Good Q1 results from TCS and Wipro
- Good Global cues
- War in the Middle-east continues
- Few of the Companies announcing their Q1 results today:
DABUR INDIA
IDBI
WIPRO
BIOCON LIMITED
ACC
RELIANCE ENERGY
RELIANCE NATURAL RESOURCES
APOLLO TYRES LTD


Indian ADR's closed mixed yesterday:

Technology
WIPRO LTD.    11.82    0.01    0.08%
INFOSYS TECHN ADS    39.45    1.03    2.68%
PATNI COMPUTER SY    12.62    -0.6    -4.54%
SATYAM COMPUTER S    31.47    -0.13    -0.41%

Banking
HDFC BANK LTD    47.97    -0.03    -0.06%
ICICI BK LTD ADS    21.5    0.25    1.18%

Telecom
VIDESH SANCHAR NE    14.99    -0.26    -1.70%
MAHANAGAR TEL ADS    5.99    -0.12    -1.96%

Others
DR. REDDY'S LAB L    26.62    -0.25    -0.93%
TATA MOTORS INC    14.88    -0.29    -1.91%


Global Indices:

America
DOW JONES INDUSTR    10799.23    51.87    0.48%
NASDAQ COMPOSITE    2043.22    5.5    0.27%
IBOVESPA SAO PAUL    35130.422    0    0.00%
IPC    18885.67    447.689    2.43%

Europe
FTSE 100    5681.7    -19.3    -0.34%

Asia

China
HANG SENG INDEX    16142.89    98.95    0.62%
SSE Composite Ind    1660.11    -24.142    -1.43%

Japan
NIKKEI 225    14589.49    152.25    1.05%

Taiwan
TSEC weighted ind    6332.27    46.96    0.75%

Jakartha
Composite Index    1287.656    1.606    0.12%



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