Indian Stock Market - Morning Update (Monday)

The global cues are looking good this morning, US markets closed up on Friday.
Down closed up +0.29% and Nasdaq closed up +0.31%.

This morning the Asian markets are trading good as well, currently Hang Seng is up +0.66% and TSEC is up +2.69%.

Key Points for Dalal Street today:
- Last weeks Rally
- Good Global cues
- Cement stocks might have a good day (a increase in price was announced on friday)
- Aviation stocks are raising due to drop in Oil price.


Indian ADR's

Technology
Wipro Ltd.    12.54   -0.21   -1.65%
Infosys Technologies Ltd.    46.91   +0.24   +0.51%
Patni Computer Systems Ltd.    19.00   -0.25   -1.30%
Satyam Computer Services Ltd.    38.29   +0.41   +1.08%

Banking
HDFC Bank Ltd.    59.06   -0.23   -0.39%
ICICI Bank Ltd.    28.46   -0.26   -0.91%

Telecom
Videsh Sanchar Nigam Ltd.    17.64   +0.01   +0.06%
Mahanagar Telephone Nigam Ltd.    6.71   -0.10   -1.47%

Others
Dr. Reddy's Laboratories Ltd.    16.04   +0.02   +0.12%
Tata Motors Ltd.    18.97   -0.03   -0.16%

Global Indices:

America
DOW JONES INDUSTRIAL AVERAGE IN    11,560.77   +33.38   +0.29%
NASDAQ COMPOSITE    2,235.59   +6.86   +0.31%
IBOVESPA SAO PAULO    36,169.93   +16.84   +0.05%
IPC    21,548.869   +214.850   +1.01%

Europe
FTSE 100    5,877.00   -0.20   -0.00%

Asia

China
HANG SENG INDEX    17,352.72   +115.07   +0.67%
SSE Composite Index    1,725.252   +4.207   +0.24%

Japan
NIKKEI 225    15,866.93   0.00   0.00%

Taiwan
TSEC weighted index    6,856.93   +175.84   +2.63%

Jakartha
Composite Index    1,464.658   -1.0431   -0.07%

NEWS
- Reliance closes $300-m US pvt debt issue
- Chidambaram unveils plan for IMF reform
- BMW reveals plan for Indian market
- SAIL, RNRL may ink pact with Corus
- BEML inks JV with Brazil firm

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