Monday, July 31, 2006

Indian Stock Market - Morning Outlook (Tuesday)

The global cues are looking down this morning, US markets closed down on profit bookings and Middle-East war.
Down closed down -0.30% and Nasdaq closed down -0.13%.

This morning the Asian markets are seen down as well, currently Hang Seng is down -0.14% and Nikkei is marginally up by +0.07%.


Key Points for Dalal Street today:
- Not encouraging Global cues
- Yesterdays volatile trading in the last 2 hrs

Indian ADR's closed mixed:

Technology
WIPRO LTD.    12.47    0.1    0.81%
INFOSYS TECHN ADS    41.09    -0.52    -1.25%
PATNI COMPUTER SY    13.25    0.9    7.29%
SATYAM COMPUTER S    35.25    0.03    0.09%

Banking
HDFC BANK LTD    54.15    0.74    1.39%
ICICI BK LTD ADS    26.12    -0.11    -0.42%

Telecom
VIDESH SANCHAR NE    15.63    -0.85    -5.16%
MAHANAGAR TEL ADS    6.22    -0.15    -2.35%

Others
DR. REDDY'S LAB L    30.39    -0.04    -0.13%
TATA MOTORS INC    15.78    -0.16    -1.00%


Global Indices:

America
DOW JONES INDUSTR    11185.68    -34.02    -0.30%
NASDAQ COMPOSITE    2091.47    -2.67    -0.13%
IBOVESPA SAO PAUL    37077.121    -303.88    -0.81%
IPC    20095.93    -156.4    -0.77%

Europe
FTSE 100    5928.3    -46.6    -0.78%


Asia

China
HANG SENG INDEX    16948.039    -23.3    -0.14%
SSE Composite Ind    1615.217    2.484    0.15%

Japan
NIKKEI 225    15467.96    11.15    0.07%

Taiwan
TSEC weighted ind    6443.52    -11.06    -0.17%

Jakartha
Composite Index    1361.984    10.335    0.76%



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