Monday, July 03, 2006

Sensex might have another day of positive trading

The global cues are in GREEN this morning, Yesterday US markets closed firmly.
Dow closed up +0.70% and Nasdaq closed up +0.84%.

This morning the Asian markets are trading in green, Nikkei is up +0.81% and Taiwan Index is up +0.91%.

With these cues we can expect Sensex to have another positive trading day.

All Indian ADR's had gains:

Technology :
WIPRO LTD.    13.2    0.37    2.88%
INFOSYS TECHN ADS    78.53    2.12    2.77%
PATNI COMPUTER SY    14.55    0.27    1.89%
SATYAM COMPUTER S    34.52    1.38    4.16%

Banking ADRs:
HDFC BANK LTD    54.6    0.05    0.09%
ICICI BK LTD ADS    24.54    0.89    3.76%

Telecom:
VIDESH SANCHAR NE    17.85    0.3    1.71%
MAHANAGAR TEL ADS    6.96    0.09    1.31%

Others:
DR. REDDY'S LAB L    28.05    0.35    1.26%
TATA MOTORS INC    17.39    0.14    0.81%


Global Indices:

America
DOW JONES INDUSTR    11228.02    77.8    0.70%
NASDAQ COMPOSITE    2190.43    18.34    0.84%
IBOVESPA SAO PAUL    37354.559    0    0.00%
IPC    20060.82    913.65    4.77%

Europe
FTSE 100    5884.4    51    0.87%


Asia

China
HANG SENG INDEX    16316.42    -10.24    -0.06%
SSE Composite Ind    1698.041    0.759    0.04%


Japan
NIKKEI 225    15697.21    125.59    0.81%

Taiwan
TSEC weighted ind    6779.37    60.87    0.91%

Jakartha
Composite Index    1338.927    11.172    0.84%




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