Monday, September 18, 2006

Indian Stock Market - Morning Update (Tuesday)

The global cues are looking mixed this morning, US markets closed flat yesterday.
Down closed down -0.05% and Nasdaq closed flat up +0.01%.

This morning the Asian markets are trading good , currently Hang Seng is up +0.15%, Nikkei is up +0.56% and TSEC is up +0.31%.

Key Points for Dalal Street today:
- Good Asian cues

Indian ADR's

Technology
Wipro Ltd.    12.72   +0.18   +1.44%
Infosys Technologies Ltd.    46.66   -0.25   -0.53%
Patni Computer Systems Ltd.    19.10   +0.10   +0.53%
Satyam Computer Services Ltd.    38.09   -0.20   -0.52%

Banking
HDFC Bank Ltd.    60.06   +1.00   +1.69%
ICICI Bank Ltd.    28.60   +0.14   +0.49%

Telecom
Videsh Sanchar Nigam Ltd.    17.75   +0.11   +0.62%
Mahanagar Telephone Nigam Ltd.    6.72   +0.01   +0.15%

Others
Dr. Reddy's Laboratories Ltd.    16.31   +0.27   +1.68%
Tata Motors Ltd.    18.68   -0.29   -1.53%

Global Indices:

America
DOW JONES INDUSTRIAL AVERAGE IN    11,555.00   -5.77   -0.05%
NASDAQ COMPOSITE    2,235.75   +0.16   +0.01%
IBOVESPA SAO PAULO    36,482.78   +312.88   +0.87%
IPC    21,666.070   +117.201   +0.54%

Europe
FTSE 100    5,890.20   +13.20   +0.22%

Asia

China
HANG SENG INDEX    17,414.47   +27.26   +0.16%
SSE Composite Index    1,737.964   +4.977   +0.29%

Japan
NIKKEI 225    15,955.38   +88.45   +0.56%

Taiwan
TSEC weighted index    6,904.01   +21.53   +0.31%

Jakartha
Composite Index    1,482.024   +7.766   +0.53%


NEWS
- India's gross domestic product has seen annual growth of 8.5%
- Seven Indian cos crack S&P list
- Bank earnings set to rise in Q2
- ONGC, OilIndia to hog new licences
- Videocon to set up 9 SEZs

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