Indian Stock Market - Morning Outlook (Friday)

All global cues are looking good this morning, US markets closed up yesterday.
Down closed up by +0.66% and Nasdaq closed marginally up by +0.08%.

This morning the Asian markets are also looking good, Nikkei is up +0.67%,Hang Seng flat and Taiwan Index is up +0.07%.

With these cues we can expect Sensex to open in a positive note, yesterday there was some profit bookings seen, but there was support at the last trading hour.


All Indian ADR's except for ICICI and Tata Motors closed in Green:

Technology
WIPRO LTD.    12.97    0.16    1.25%
INFOSYS TECHN ADS    78.06    1.31    1.71%
PATNI COMPUTER SY    14.05    0.05    0.36%
SATYAM COMPUTER S    34.4    0.55    1.62%

Banking
HDFC BANK LTD    54.26    0.13    0.24%
ICICI BK LTD ADS    23.13    -0.03    -0.13%

Telecom
VIDESH SANCHAR NE    17.98    0.13    0.73%
MAHANAGAR TEL ADS    6.8    0.06    0.89%

Others
DR. REDDY'S LAB L    29.21    0.38    1.32%
TATA MOTORS INC    17.1    -0.01    -0.06%


Global Indices:

America
DOW JONES INDUSTR    11225.3    73.48    0.66%
NASDAQ COMPOSITE    2155.09    1.75    0.08%
IBOVESPA SAO PAUL    36533.129    0    0.00%
IPC    20047.619    533    2.73%


Europe
FTSE 100    5890    63.3    1.09%


Asia

China
HANG SENG INDEX    16440.1    -0.89    -0.01%
SSE Composite Ind    1739.071    -2.399    -0.14%


Japan
NIKKEI 225    15424.71    103.31    0.67%

Taiwan
TSEC weighted ind    6663.64    4.57    0.07%

Jakartha
Composite Index    1348.202    8.181    0.61%




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