Monday, September 11, 2006

Indian Stock Market - Morning Outlook (Tuesday)

The global cues are looking mixed this morning, US markets closed flat Yesterday.
Down closed up +0.04% and Nasdaq closed up +0.34%.

This morning the Asian markets are trading mixed as well, currently Hang Seng is up +0.11%, Nikkei is up +0.56% and TSEC is down -0.36%.

Key Points for Dalal Street today:
- Falling Crude Oil Prices
- Yesterdays fall
- FII activity


Indian ADR's

Technology
Wipro Ltd.    12.28   -0.30   -2.38%
Infosys Technologies Ltd.    44.11   -0.38   -0.85%
Patni Computer Systems Ltd.    18.62   +0.02   +0.11%
Satyam Computer Services Ltd.    38.10   +0.20   +0.53%

Banking
HDFC Bank Ltd.    54.92   -1.14   -2.03%
ICICI Bank Ltd.    26.18   -0.75   -2.78%

Telecom
Videsh Sanchar Nigam Ltd.    16.77   -1.28   -7.09%
Mahanagar Telephone Nigam Ltd.    6.45   -0.46   -6.66%

Others
Dr. Reddy's Laboratories Ltd.    15.42   -0.35   -2.22%
Tata Motors Ltd.    18.23   -1.19   -6.13%

Global Indices:

America
DOW JONES INDUSTRIAL AVERAGE IN    11,396.84   +4.73   +0.04%
NASDAQ COMPOSITE    2,173.25   +7.46   +0.34%
IBOVESPA SAO PAULO    35,772.49   -785.91   -2.15%
IPC    20,612.891   -182.930   -0.88%

Europe
FTSE 100    5,850.80   -28.50   -0.48%

Asia

China
HANG SENG INDEX    16,966.97   +18.38   +0.11%
SSE Composite Index    1,689.669   +14.703   +0.88%

Japan
NIKKEI 225    15,843.64   +49.26   +0.31%

Taiwan
TSEC weighted index    6,669.99   -23.89   -0.36%

Jakartha
Composite Index    1,432.339   -14.915   -1.03%


NEWS
- Crude continues to slide on slowing economy
- Anil Ambani gets go-ahead for DTH
- Godrej sets aside Rs 460 cr for acquisitions in US, UK
- Pantaloon plans logistics foray


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