Tuesday, September 26, 2006

Indian Stock Market - Morning Update (Wednesday)

The global cues are looking good this morning, US markets closed up Yesterday on good numbers in Consumer Confidence.
Down closed up +0.81% and Nasdaq closed up +0.55%.

This morning the Asian markets are good as well, currently Hang Seng is up +0.66%, Nikkei is up +1.70% and TSEC is up at +0.73%.

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

Indian ADR's

Technology
Wipro Ltd.    13.06   +0.26   +2.03%
Infosys Technologies Ltd.    47.42   +0.34   +0.72%
Patni Computer Systems Ltd.    19.05   0.00   0.00%
Satyam Computer Services Ltd.    39.83   +0.52   +1.32%

Banking
HDFC Bank Ltd.    59.42   +1.60   +2.77%
ICICI Bank Ltd.    29.65   +0.87   +3.02%

Telecom
Videsh Sanchar Nigam Ltd.    17.60   +0.34   +1.97%
Mahanagar Telephone Nigam Ltd.    6.63   -0.01   -0.17%

Others
Dr. Reddy's Laboratories Ltd.    16.00   0.00   0.00%
Tata Motors Ltd.    18.69   +0.18   +0.97%

Global Indices:

America
DOW JONES INDUSTRIAL AVERAGE IN    11,669.39   +93.58   +0.81%
NASDAQ COMPOSITE    2,261.34   +12.27   +0.55%
IBOVESPA SAO PAULO    35,818.97   +846.23   +2.42%
IPC    21,792.301   +117.561   +0.54%

Europe
FTSE 100    5,873.60   +75.30   +1.30%

Asia

China
HANG SENG INDEX    17,423.04   +114.96   +0.66%
SSE Composite Index    1,713.673   +1.036   +0.06%

Japan
NIKKEI 225    15,821.17   +263.72   +1.70%

Taiwan
TSEC weighted index    6,951.93   +50.18   +0.73%

Jakartha
Composite Index    1,512.468   +12.363   +0.82%

NEWS
- Orissa inks MoUs for 10 thermal power plants


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