Indian Stock Market - Morning Outlook (Friday)

The global cues are looking down this morning, US markets closed down yesterday, Yesterdays Fed meet made no changes in Interest rate, but there was slow down in Industrial average and signs of slowing economy.
Down closed down -0.69% and Nasdaq closed down -0.67%.

This morning the Asian markets are trading down as well, currently Hang Seng is down -0.37%, Nikkei is down -0.89% and TSEC is down at -0.29%.

Key Points for Dalal Street today:
- Discouraging Asian cues
- Crude Oil prices
- Yesterdays Fed meeting

FII Activity, BSE and NSE
Date : 21-Sep-2006
Buy : 1,740.30
Sales : 1,504.92
Net : 235.38

Indian ADR's

Technology
Wipro Ltd.    12.86   -0.06   -0.46%
Infosys Technologies Ltd.    46.80   -0.45   -0.95%
Patni Computer Systems Ltd.    19.10   +0.16   +0.84%
Satyam Computer Services Ltd.    39.49   -1.28   -3.14%

Banking
HDFC Bank Ltd.    58.69   -0.52   -0.88%
ICICI Bank Ltd.    28.79   -0.44   -1.51%

Telecom
Videsh Sanchar Nigam Ltd.    17.65   -0.39   -2.16%
Mahanagar Telephone Nigam Ltd.    6.76   -0.12   -1.74%

Others
Dr. Reddy's Laboratories Ltd.    16.24   -0.06   -0.37%
Tata Motors Ltd.    18.15   -0.18   -0.98%

Global Indices:

America
DOW JONES INDUSTRIAL AVERAGE IN    11,533.23   -79.96   -0.69%
NASDAQ COMPOSITE    2,237.75   -15.14   -0.67%
IBOVESPA SAO PAULO    34,830.08   -366.51   -1.04%
IPC    21,498.090   -343.359   -1.57%

Europe
FTSE 100    5,896.70   +30.50   +0.52%

Asia

China
HANG SENG INDEX    17,551.20   -68.77   -0.39%
SSE Composite Index    1,734.688   -6.213   -0.36%

Japan
NIKKEI 225    15,693.66   -140.57   -0.89%

Taiwan
TSEC weighted index    6,864.96   -24.93   -0.36%

Jakartha
Composite Index    1,512.0291   +4.664   +0.31%

NEWS
- Affluent Indians to grow 12 pc by 2009: Survey
- IBM India opens fourth centre in Kolkata
- IDBI board approves UWB merger proposal
- Sensing demand FMCG majors increase prices
- 4 Indian firms get AIDS drug licence from Gilead


Technorati Tags: indian stock market, indian stocks, dalal street, dalalstreet,sensex, nifty, nifty junior, bse, nse, global markets,dalal street news, dalalstreet news,Indian ADRs,dStreet,dStreet News,FII Activity,Indias FII Activity,Indian FII Activity,FII Activity BSE and NSE