Indian Stock Market - Morning Outlook (Monday)

The global cues are down this morning, US markets closed down on Friday.
Down closed down by -1% and Nasdaq also closed down by -0.82%.

This morning the Asian markets are also seen weak, currently Hang Seng is down -0.94% and Taiwan Index is down -1.80%.


Key Points for Dalal Street today:
- Weak Global cues
- Raising Oil prices (above $78) due to war in the Middle-east intensifies, analyst expect Oil to touch $80 this week.
- Few of the Companies announcing their Q1 results today:
INDIA CEMENTS
TITAN INDUSTRIES
GAIL (INDIA) LTD
IL & FS INVESTMENT MANAGERS
GEOMETRIC SOFTWARE
TV TODAY NETWORK
CMC LTD


All Indian ADR's closed mixed on friday:

Technology
WIPRO LTD.    12.01    -0.26    -2.12%
INFOSYS TECHN ADS    78.49    -0.31    -0.39%
PATNI COMPUTER SY    13.28    -0.07    -0.52%
SATYAM COMPUTER S    32.15    -0.64    -1.95%

Banking
HDFC BANK LTD    49.65    -1.03    -2.03%
ICICI BK LTD ADS    21.95    0.23    1.06%

Telecom
VIDESH SANCHAR NE    16.12    -0.02    -0.12%
MAHANAGAR TEL ADS    6.2    0.08    1.31%

Others
DR. REDDY'S LAB L    27.69    0.31    1.13%
TATA MOTORS INC    15.72    -0.37    -2.30%


Global Indices:

America
DOW JONES INDUSTR    10739.35    -106.94    -0.99%
NASDAQ COMPOSITE    2037.35    -16.76    -0.82%
IBOVESPA SAO PAUL    35349.68    0    0.00%
IPC    18328.66    -396.6    -2.12%

Europe
FTSE 100    5707.6    -57.4    -1.00%


Asia

China
HANG SENG    15983.8    -151.91    -0.94%
SSE Composite Ind    1665.208    9.435    0.57%

Japan
Market cloased , Hoilday (Umi-no-Hi)

Taiwan
TSEC weighted ind    6312.37    -115.66    -1.80%

Jakartha
Composite Index    1284.576    -19.009    -1.46%



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