Indian Stock Market - Morning Update (Thursday)

The global cues are looking mixed this morning, US markets closed down Yesterday.
Down closed marginally down ­-0.01% and Nasdaq closed down -0.17%.

This morning the Asian markets are seen up, currently Hang Seng is up +1.09%, Nikkei is up +1.65% and Taiwan Index is up +0.68%.

Key Points for Dalal Street today:
- Good Asian cues
- Few of the Companies announcing their Q1 results today:
DR. REDDY'S LABORATORIES
LIC HOUSING FINANCE
STATE BANK OF INDIA
ORCHID CHEMICALS & PHARMACEUTICALS
MOSER-BAER (I) LTD
INDIAN HOTELS CO. LTD.
BATA INDIA LTD
BALAJI TELEFILMS
SYNDICATE BANK


Indian ADR's closed mixed yesterday:

Technology
WIPRO LTD.    12.29    0.49    4.15%
INFOSYS TECHN ADS    40.3    0.81    2.05%
PATNI COMPUTER SY    12.39    0.34    2.82%
SATYAM COMPUTER S    34.15    0.37    1.10%

Banking
HDFC BANK LTD    52.32    -0.59    -1.12%
ICICI BK LTD ADS    25.72    -0.29    -1.11%

Telecom
VIDESH SANCHAR NE    15.59    -0.01    -0.06%
MAHANAGAR TEL ADS    6.33    0.17    2.76%

Others
DR. REDDY'S LAB L    28.77    0.77    2.75%
TATA MOTORS INC    15.79    0.5    3.27%


Global Indices:

America
DOW JONES INDUSTR    11102.51    -1.2    -0.01%
NASDAQ COMPOSITE    2070.46    -3.44    -0.17%
IBOVESPA SAO PAUL    36595.172    -85.66    -0.23%
IPC    19913.189    -168.811    -0.84%

Europe
FTSE 100    5877.1    25.9    0.44%


Asia

China
HANG SENG INDEX    16798.51    181.27    1.09%
SSE Composite Ind    1686.537    -0.117    -0.01%

Japan
NIKKEI 225    15129.78    245.71    1.65%

Taiwan
TSEC weighted ind    6420.06    43.67    0.68%

Jakartha
Composite Index    1322.069    9.239    0.70%



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