Sunday, August 06, 2006

Indian Stock Market - Morning Update (Monday)

The global cues are looking flat this morning, US markets closed flat on Friday, Oil closed below $75.
Down closed down -0.02% and Nasdaq closed down -0.35%.

This morning the Asian markets are seen mixed, currently Hang Seng is up +0.37%, Nikkei is down +0.32% and TSEC is marginally up by ++0.01%.

Key Points for Dalal Street today:
- Good Global cues
- Crude Oil price closing below $75
- US Fed meeting Tomorrow

Indian ADR's closed mixed on Friday :

Technology
WIPRO LTD.    12.5    -0.3    -2.34%
INFOSYS TECHN ADS    41.55    -0.72    -1.70%
PATNI COMPUTER SY    15.19    0.2    1.33%
SATYAM COMPUTER S    35.11    -0.63    -1.76%

Banking
HDFC BANK LTD    52.77    -0.53    -0.99%
ICICI BK LTD ADS    26.59    0.12    0.45%

Telecom
VIDESH SANCHAR NE    15.87    0    0.00%
MAHANAGAR TEL ADS    6.17    -0.16    -2.57%

Others
DR. REDDY'S LAB L    30.32    -0.46    -1.49%
TATA MOTORS INC    16.2    -0.38    -2.29%


Global Indices:

America
DOW JONES INDUSTR    11240.35    -2.24    -0.02%
NASDAQ COMPOSITE    2085.05    -7.28    -0.35%
IBOVESPA SAO PAUL    37847.879    396.69    1.06%
IPC    20354.99    93.18    0.46%

Europe
FTSE 100    5889.4    51    0.87%


Asia

China
HANG SENG INDEX    16950.689    62.89    0.37%
SSE Composite Ind    1554.694    -15.456    -0.98%

Japan
NIKKEI 225    15449.86    -49.32    -0.32%

Taiwan
TSEC weighted ind    6443.14    0.53    0.01%

Jakartha
Composite Index    1406.999    17.646    1.27%



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