Sunday, September 24, 2006

Indian Stock Market - Morning Outlook (Monday)

The global cues are looking down this morning, US markets closed down on Friday.
Down closed down -0.22% and Nasdaq closed down -0.84%.

This morning the Asian markets are trading down as well, currently Hang Seng is down -0.01%, Nikkei is down -0.36% and TSEC is down at -0.31%.

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

Indian ADR's

Technology
Wipro Ltd.    12.60   -0.26   -2.02%
Infosys Technologies Ltd.    46.09   -0.71   -1.52%
Patni Computer Systems Ltd.    18.85   -0.25   -1.31%
Satyam Computer Services Ltd.    38.46   -1.03   -2.61%

Banking
HDFC Bank Ltd.    57.27   -1.42   -2.42%
ICICI Bank Ltd.    28.35   -0.44   -1.53%

Telecom
Videsh Sanchar Nigam Ltd.    17.25   -0.40   -2.27%
Mahanagar Telephone Nigam Ltd.    6.70   -0.06   -0.89%

Others
Dr. Reddy's Laboratories Ltd.    15.91   -0.33   -2.03%
Tata Motors Ltd.    18.08   -0.07   -0.39%

Global Indices:

America
DOW JONES INDUSTRIAL AVERAGE IN    11,508.10   -25.13   -0.22%
NASDAQ COMPOSITE    2,218.93   -18.82   -0.84%
IBOVESPA SAO PAULO    34,816.44   -13.64   -0.04%
IPC    21,390.430   -107.660   -0.50%

Europe
FTSE 100    5,822.30   -74.40   -1.26%

Asia

China
HANG SENG INDEX    17,573.75   -26.90   -0.15%
SSE Composite Index    1,731.081   +5.72   +0.33%

Japan
NIKKEI 225    15,577.81   -56.86   -0.36%

Taiwan
TSEC weighted index    6,865.43   -20.17   -0.29%

Jakartha
Composite Index    1,496.3719   -14.453   -0.96%

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