Indian Stock Market - Morning Outlook (Thursday)

The global cues are looking great this morning, US markets had a huge junp Yesterday after many days.
Down closed up +1.96% and Nasdaq also closed up by +1.83%.

This morning the Asian markets are seen good as well, currently Hang Seng is up +2.16%, Nikkei is up +2.67% and Taiwan Index is up +2.22%.

Key Points for Dalal Street today:
- Great Global cues
- Few of the Companies announcing their Q1 results today:
GODREJ CONSUMER PRODUCTS
MACMILLAN INDIA
GUJARAT AMBUJA CEMENT
TATA COFFEE LIMITED
RELIANCE INDUSTRIES LTD
RANBAXY LABORATORIES LTD
CANARA BANK
SASKEN COMMUNICATION
3I INFOTECH LIMITED
SKF INDIA LIMITED


All Indian ADR's except MTNL closed up yesterday:

Technology
WIPRO LTD.    12    0.18    1.52%
INFOSYS TECHN ADS    40.6    1.15    2.92%
PATNI COMPUTER SY    12.65    0.03    0.24%
SATYAM COMPUTER S    31.98    0.51    1.62%

Banking
HDFC BANK LTD    50.76    2.79    5.82%
ICICI BK LTD ADS    23    1.5    6.98%

Telecom
VIDESH SANCHAR NE    15.69    0.7    4.67%
MAHANAGAR TEL ADS    5.97    -0.02    -0.33%

Others
DR. REDDY'S LAB L    27.24    0.62    2.33%
TATA MOTORS INC    14.99    0.11    0.74%


Global Indices:

America
DOW JONES INDUSTR    11011.42    212.19    1.96%
NASDAQ COMPOSITE    2080.71    37.49    1.83%
IBOVESPA SAO PAUL    36785.449    0    0.00%
IPC    19871.779    986.109    5.22%

Europe
FTSE 100    5778    96.3    1.69%

Asia

China
HANG SENG INDEX    16445.98    348.44    2.16%
SSE Composite Ind    1639.921    -5.239    -0.32%

Japan
NIKKEI 225    14886.88    386.62    2.67%

Taiwan
TSEC weighted ind    6416.68    139.44    2.22%

Jakartha
Composite Index    1302.526    22.03    1.72%



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