Indian Stock Market - Morning Update (Friday)

The global cues are looking mixed this morning, US markets closed mixed Yesterday on inflation worries.
Down closed down -0.14% and Nasdaq closed up +0.05%.

This morning the Asian markets are trading mixed as well, currently Hang Seng is down -0.09%, Nikkei is down -0.97% and TSEC is up +0.65%.

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

Indian ADR's

Technology
Wipro Ltd.    12.75   +0.05   +0.39%
Infosys Technologies Ltd.    46.67   +0.11   +0.24%
Patni Computer Systems Ltd.    19.16   +0.21   +1.10%
Satyam Computer Services Ltd.    37.88   -0.13   -0.34%

Banking
HDFC Bank Ltd.    59.29   +1.51   +2.61%
ICICI Bank Ltd.    28.72   +0.40   +1.41%

Telecom
Videsh Sanchar Nigam Ltd.    17.63   +0.05   +0.28%
Mahanagar Telephone Nigam Ltd.    6.81   +0.11   +1.64%

Others
Dr. Reddy's Laboratories Ltd.    16.02   +0.10   +0.63%
Tata Motors Ltd.    19.00   0.00   0.00%

Global Indices:

America
DOW JONES INDUSTRIAL AVERAGE IN    11,527.39   -15.93   -0.14%
NASDAQ COMPOSITE    2,228.73   +1.06   +0.05%
IBOVESPA SAO PAULO    36,153.09   -396.62   -1.09%
IPC    21,334.020   +13.809   +0.06%

Europe
FTSE 100    5,877.20   -15.00   -0.25%

Asia

China
HANG SENG INDEX    17,155.19   -28.26   -0.16%
SSE Composite Index    1,716.186   +26.494   +1.57%

Japan
NIKKEI 225    15,842.23   -100.16   -0.63%

Taiwan
TSEC weighted index    6,642.14   +43.27   +0.66%

Jakartha
Composite Index    1,455.524   -5.768   -0.39%

NEWS
- SEZ Act may allow agri land acquisition for real estate
- Dell to set up facility in TN
- Satyam looking at buy-outs in Japan
- Reliance oil pumps may feed retail

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