Wednesday, August 09, 2006

Indian Stock Market - Morning Outlook (Thursday)

The global cues are looking down this morning, US markets closed down Yesterday due to raising Oil price.
Down closed down -0.87% and Nasdaq closed flat at -0.03%.

This morning the Asian markets are trading down as well, currently Hang Seng is down -0.14%, Nikkei is down -0.18% and TSEC is marginally down by -0.05%.

Key Points for Dalal Street today:
- Weak Gloabl cues
- Raising Crude Oil price

Indian ADR's closed mixed Yesterday :

Technology
WIPRO LTD.    12.57    0.41    3.37%
INFOSYS TECHN ADS    40.31    -0.84    -2.04%
PATNI COMPUTER SY    15.03    -0.19    -1.24%
SATYAM COMPUTER S    34.17    0.21    0.62%

Banking
HDFC BANK LTD    53.31    -0.65    -1.20%
ICICI BK LTD ADS    26.76    -0.24    -0.89%

Telecom
VIDESH SANCHAR NE    15.94    0.36    2.31%
MAHANAGAR TEL ADS    6.06    -0.03    -0.49%

Others
DR. REDDY'S LAB L    30.8    -0.03    -0.10%
TATA MOTORS INC    16.81    0.42    2.56%


Global Indices:

America
DOW JONES INDUSTR    11076.18    -97.41    -0.87%
NASDAQ COMPOSITE    2060.28    -0.57    -0.03%
IBOVESPA SAO PAUL    37255.121    -345.32    -0.92%
IPC    20062.369    -280.41    -1.38%

Europe
FTSE 100    5860.5    42.4    0.73%


Asia

China
HANG SENG INDEX    17322.42    -24.16    -0.14%
SSE Composite Ind    1596.859    18.293    1.16%

Japan
NIKKEI 225    15628.52    -28.07    -0.18%

Taiwan
TSEC weighted ind    6570.07    -3.15    -0.05%

Jakartha
Composite Index    1410.901    -2.199    -0.16%



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