Thursday, October 05, 2006

Indian Stock Market - Morning Update (Friday)

The global cues are looking mixed this morning, US markets closed up Yesterday.
Down closed up +0.14% and Nasdaq closed up +0.67%.

This morning the Asian markets are seen mixed as well, currently Hang Seng is down -0.19%, Nikkei is down -0.32% and TSEC is up at +1.78%.

Key Points for Dalal Street today:
- Mixed Asian cues
- Yesterdays bull run

Indian ADR's

Technology
Wipro Ltd.    13.63   +0.30   +2.25%
Infosys Technologies Ltd.    48.03   +0.51   +1.07%
Patni Computer Systems Ltd.    19.05   +0.13   +0.69%
Satyam Computer Services Ltd.    39.88   +0.17   +0.43%

Banking
HDFC Bank Ltd.    63.52   +1.87   +3.03%
ICICI Bank Ltd.    31.17   +0.17   +0.55%

Telecom
Videsh Sanchar Nigam Ltd.    18.77   +1.21   +6.89%
Mahanagar Telephone Nigam Ltd.    7.05   +0.33   +4.91%

Others
Dr. Reddy's Laboratories Ltd.    15.65   +0.10   +0.64%
Tata Motors Ltd.    19.56   +0.42   +2.19%

Global Indices:

America
DOW JONES INDUSTRIAL AVERAGE IN    11,866.69   +16.08   +0.14%
NASDAQ COMPOSITE    2,306.34   +15.39   +0.67%
IBOVESPA SAO PAULO    37,976.86   +227.57   +0.60%
IPC    22,326.859   +220.889   +1.00%

Europe
FTSE 100    6,004.50   +38.00   +0.64%

Asia

China
HANG SENG INDEX    17,884.10   -23.57   -0.13%
SSE Composite Index    1,752.424   +15.461   +0.89%

Japan
NIKKEI 225    16,403.57   -45.76   -0.28%

Taiwan
TSEC weighted index    6,997.24   +122.26   +1.78%

Jakartha
Composite Index    1,552.312   +7.334   +0.47%

NEWS
- Tata Steel reviewing takeover options
- Tata Tea takes 33% in S African firm
- M&M lines up Rs 400 cr expansion


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