Wednesday, September 13, 2006

Indian Stock Market - Morning Outlook (Thursday)

The global cues are looking mixed this morning, US markets closed up Yesterday, while asian markets are trading mixed.
Down closed up +0.39% and Nasdaq closed up +0.53%.

This morning the Asian markets are trading mixed, currently Hang Seng is down -0.25%, Nikkei is up +1.03% and TSEC is down -1.51%.

Key Points for Dalal Street today:
- Yesterdays positive trade
- Mixed global cues
- Faling Oil price.


Indian ADR's

Technology
Wipro Ltd.    12.70   +0.20   +1.60%
Infosys Technologies Ltd.    46.56   +0.46   +1.00%
Patni Computer Systems Ltd.    19.04   +0.04   +0.21%
Satyam Computer Services Ltd.    38.01   -0.24   -0.63%

Banking
HDFC Bank Ltd.    57.78   +0.43   +0.75%
ICICI Bank Ltd.    28.32   +1.07   +3.93%

Telecom
Videsh Sanchar Nigam Ltd.    17.58   +0.47   +2.75%
Mahanagar Telephone Nigam Ltd.    6.75   +0.11   +1.66%

Others
Dr. Reddy's Laboratories Ltd.    15.92   +0.37   +2.38%
Tata Motors Ltd.    19.00   +0.26   +1.39%

Global Indices:

America
DOW JONES INDUSTRIAL AVERAGE IN    11,543.32   +45.23   +0.39%
NASDAQ COMPOSITE    2,227.67   +11.85   +0.53%
IBOVESPA SAO PAULO    36,549.71   0.00   0.00%
IPC    21,320.211   +217.441   +1.03%

Europe
FTSE 100    5,892.20   -3.30   -0.06%

Asia

China
HANG SENG INDEX    17,160.70   -49.34   -0.29%
SSE Composite Index    1,686.531   -2.858   -0.17%

Japan
NIKKEI 225    15,911.94   +161.89   +1.03%

Taiwan
TSEC weighted index    6,564.60   -100.27   -1.50%

Jakartha
Composite Index    1,459.126   +8.046   +0.55%


NEWS
- India overtakes China
- Retail companies jump on expansion plans
- Oracle open offer for i-flex from Nov 6
- Infosys set to enter Nasdaq-100 index
- Cement tags to surge Rs 5-10 per 50 kg

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