Indian Stock Market - Morning Outlook (Thursday)

All global cues are negative this morning, US markets closed down yesterday.
Down closed down -0.68% and Nasdaq closed down -1.69%.

This morning the Asian markets are also in negative zone, Nikkei is down -1.54%,Hang Seng is down -0.33% and Taiwan Index is down -0.42%.

With these cues we can expect Sensex to open in a negative note, yesterday Sensex had good gains with lot of buying coming in from FII front, At 10,900 levels we can expect some profit bookings to take place.


All Indian ADR's except Dr Reddys closed in RED:

Technology
WIPRO LTD.    12.81    -0.39    -2.95%
INFOSYS TECHN ADS    76.75    -1.78    -2.27%
PATNI COMPUTER SY    14    -0.55    -3.78%
SATYAM COMPUTER S    33.85    -0.67    -1.94%

Banking
HDFC BANK LTD    54.13    -0.47    -0.86%
ICICI BK LTD ADS    23.54    -1    -4.07%

Telecom
VIDESH SANCHAR NE    17.85    0    0.00%
MAHANAGAR TEL ADS    6.74    -0.22    -3.16%

Others
DR. REDDY'S LAB L    28.83    0.78    2.78%
TATA MOTORS INC    17.11    -0.28    -1.61%


Global Indices:

America
DOW JONES INDUSTR    11151.82    -76.2    -0.68%
NASDAQ COMPOSITE    2153.34    -37.1    -1.69%
IBOVESPA SAO PAUL    36378.031    0    0.00%
IPC    19514.619    -814.871    -4.01%


Europe
FTSE 100    5826.7    -56.8    -0.97%


Asia

China
HANG SENG INDEX    16213.27    -53.91    -0.33%
SSE Composite Ind    1733.375    14.82    0.86%


Japan
NIKKEI 225    15284.78    -239.16    -1.54%

Taiwan
TSEC weighted ind    6631.87    -28.09    -0.42%

Jakartha
Composite Index    1318.381    -19.942    -1.49%


News:
- Tatas to hike stake in Tata Steel
- DoT has open mind on Reliance Comm GSM foray


Technorati Tags: indian stock market, indian stocks, dalal street, dalalstreet,sensex, nifty, nifty junior, bse, nse, global markets,dalal street news, dalalstreet news,Indian ADRs