Indian Stock Market - Morning Outlook (Wednesday)

The global cues are mixed this morning, US markets were closed Yesterday (4th July)

This morning the Asian markets are trading mixed, Nikkei is down -0.44%,SSE Composite is up +2.49% and Taiwan Index is down -0.24%.

With these cues we can expect Sensex to have another volatile day. We saw lot of chopiness yesterday which coukd continue today as well.

Indian ADR's: Holiday in US

Global Indices:

America


Europe
FTSE 100    5883.5    -0.9    -0.02%

Asia

China
HANG SENG INDEX    16331.13    -37.85    -0.23%
SSE Composite Ind    1723.634    42.087    2.50%


Japan
NIKKEI 225    15570.4    -68.1    -0.44%

Taiwan
TSEC weighted ind    6702.83    -31.68    -0.47%

Jakartha
Composite Index    1337.823    -0.045    0.00%


News:
- Indian markets are still expensive: Mark Mobius
- Mallya bids for Foster's beer units in India, Vietnam
- P&G acquires 41.02 pc stake in Gillette India
- Honda rolls out 'Civic' on Indian roads
- Godrej Consumer buys Rapidol`s S Africa unit


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