Monday, October 09, 2006

Indian Stock Market - Morning Outlook

The global cues are looking good this morning, US markets closed up Yesterday.
Down closed up +0.06% and Nasdaq closed up +0.51%.

This morning the Asian markets are seen good as well, currently Hang Seng is up +0.74%, Nikkei is up +0.34%.

Key Points for Dalal Street today:
- Good Asian cues
- Infosys to announce it's numbers in 11-Oct

Companies announcing their number today
- TATA SPONGE IRON LTD
- SHREE CEMENTS LTD
- SINTEX INDUSTRIES LTD

Indian ADR's

Technology
Wipro Ltd.    13.71   +0.23   +1.71%
Infosys Technologies Ltd.    49.21   +1.93   +4.08%
Patni Computer Systems Ltd.    19.40   -0.20   -1.02%
Satyam Computer Services Ltd.    39.77   +0.11   +0.28%

Banking
HDFC Bank Ltd.    63.27   -0.23   -0.36%
ICICI Bank Ltd.    31.14   -0.31   -0.99%

Telecom
Videsh Sanchar Nigam Ltd.    18.72   -0.78   -4.00%
Mahanagar Telephone Nigam Ltd.    7.07   -0.04   -0.56%

Others
Dr. Reddy's Laboratories Ltd.    15.30   -0.25   -1.61%
Tata Motors Ltd.    19.84   +0.51   +2.64%

Global Indices:

America
DOW JONES INDUSTRIAL AVERAGE IN    11,857.81   +7.60   +0.06%
NASDAQ COMPOSITE    2,311.77   +11.78   +0.51%
IBOVESPA SAO PAULO    38,406.37   +465.97   +1.23%
IPC    22,313.420   -36.631   -0.16%

Europe
FTSE 100    6,030.90   +29.70   +0.49%

Asia

China
HANG SENG INDEX    17,819.40   +144.16   +0.82%
SSE Composite Index    1,783.441   -1.944   -0.11%

Japan
NIKKEI 225    16,533.63   +97.57   +0.59%

Taiwan
TSEC weighted index    6,997.24   0.00   0.00%

Jakartha
Composite Index    1,551.9139   +8.49   +0.55%

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