Wednesday, August 16, 2006

Indian Stock Market - Morning Update (Thursday)

The global cues are looking good this morning, US markets closed up Yesterday.
Down closed up +0.86% and Nasdaq closed up +1.63%.

This morning the Asian markets are trading good as well, currently Hang Seng is up +0.11%, Nikkei is up +0.50% and TSEC is up +0.74%.

Key Points for Dalal Street today:
- Encouraging Global cues


All Indian ADR's except Wipro and Patni closed up Yesterday :

Technology
WIPRO LTD.    12.93    -0.04    -0.31%
INFOSYS TECHN ADS    44.15    0.47    1.08%
PATNI COMPUTER SY    15.74    -0.14    -0.88%
SATYAM COMPUTER S    37.67    0.84    2.28%

Banking
HDFC BANK LTD    57.95    0.95    1.67%
ICICI BK LTD ADS    27.6    0.92    3.45%

Telecom
VIDESH SANCHAR NE    17.3    0.18    1.05%
MAHANAGAR TEL ADS    6.77    0.27    4.15%

Others
DR. REDDY'S LAB L    31.43    0.21    0.67%
TATA MOTORS INC    17.9    0.15    0.85%

Global Indices:

America
DOW JONES INDUSTR    11327.12    96.86    0.86%
NASDAQ COMPOSITE    2149.54    34.53    1.63%
IBOVESPA SAO PAUL    37677.809    381.88    1.02%
IPC    20900    355.561    1.73%

Europe
FTSE 100    5896.6    -1.3    -0.02%


Asia

China
HANG SENG INDEX    17470.131    19.1    0.11%
SSE Composite Ind    1598.616    -17.794    -1.10%

Japan
NIKKEI 225    16149.42    78.06    0.49%

Taiwan
TSEC weighted ind    6746.22    49.59    0.74%

Jakartha
Composite Index    1437.768    0    0.00%



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