Indian Stock Market - Morning Update (Monday)

The global cues are looking weak this morning, US markets closed down on Friday.
Down closed down -0.55% and Nasdaq also closed up by -0.93%.

This morning the Asian markets are seen weak as well, currently Hang Seng is down -0.57%, Nikkei is down -1.52% and Taiwan Index is down -1.50%.

Key Points for Dalal Street today:
- Weak Global cues
- Continuing Middle-Asia Conflict
- Few of the Companies announcing their Q1 results today:
TVS MOTOR COMPANY LIMITED
ZEE TELEFILMS LTD
MASTEK LTD
UTV SOFTWARE COMMUNICATIONS
INDIA INFOLINE LIMITED
JINDAL STAINLESS LIMITED
ABB LTD


All Indian ADR's except for Satyam & Dr Reddys closed down on friday:

Technology
WIPRO LTD.    11.3    -0.26    -2.25%
INFOSYS TECHN ADS    38.18    -0.87    -2.23%
PATNI COMPUTER SY    11.81    -0.56    -4.53%
SATYAM COMPUTER S    32    1.17    3.80%

Banking
HDFC BANK LTD    48.4    -1.1    -2.22%
ICICI BK LTD ADS    22.25    -0.09    -0.40%

Telecom
VIDESH SANCHAR NE    14.68    -0.67    -4.36%
MAHANAGAR TEL ADS    5.64    -0.39    -6.47%

Others
DR. REDDY'S LAB L    27.09    0.26    0.97%
TATA MOTORS INC    14.27    -0.34    -2.33%


Global Indices:

America
DOW JONES INDUSTR    10868.38    -59.72    -0.55%
NASDAQ COMPOSITE    2020.39    -19.03    -0.93%
IBOVESPA SAO PAUL    35510.672    -336.17    -0.94%
IPC    19527.369    16.85    0.09%


Europe
FTSE 100    5719.7    -51.2    -0.89%


Asia

China
HANG SENG INDEX    16369.71    -94.47    -0.57%

Japan
NIKKEI 225    14596.69    -224.57    -1.52%

Taiwan
TSEC weighted ind    6323.86    -96.15    -1.50%

Jakartha
Composite Index    1296.104    -18.473    -1.41%



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