Indian Stock Market - Morning Update (Thursday)

The global cues are looking good this morning, US markets closed up yesterday, due to better than expected results from P&G,Time Warner & Adobe.
Down closed up +0.67% and Nasdaq closed up +0.82%.

This morning the Asian markets are seen good as well, currently Hang Seng is up +0.08%, Nikkei is up +0.31% and TSEC is marginally down by -0.03%.

Key Points for Dalal Street today:
- S&P positive comment on Indian Market
- Good Global cues
- Crude Oil price closing above $75

All Indian ADR's closed up yesterday :

Technology
WIPRO LTD.    12.6    0.56    4.65%
INFOSYS TECHN ADS    41.64    1.38    3.43%
PATNI COMPUTER SY    14.6    0.09    0.62%
SATYAM COMPUTER S    35.31    0.82    2.38%

Banking
HDFC BANK LTD    53.45    0.39    0.74%
ICICI BK LTD ADS    26.55    0.54    2.08%

Telecom
VIDESH SANCHAR NE    15.93    0.54    3.51%
MAHANAGAR TEL ADS    6.27    0.22    3.64%

Others
DR. REDDY'S LAB L    30.57    0.21    0.69%
TATA MOTORS INC    16.31    0.71    4.55%


Global Indices:

America
DOW JONES INDUSTR    11199.93    74.2    0.67%
NASDAQ COMPOSITE    2078.81    16.82    0.82%
IBOVESPA SAO PAUL    37296.41    0    0.00%
IPC    20145.1    171.9    0.86%

Europe
FTSE 100    5932.1    51.3    0.87%


Asia

China
HANG SENG INDEX    17045.949    13.2    0.08%
SSE Composite Ind    1600.911    0.039    0.00%

Japan
NIKKEI 225    15512    47.71    0.31%

Taiwan
TSEC weighted ind    6469.32    -2.1    -0.03%

Jakartha
Composite Index    1394.234    -0.13    -0.01%



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