WORLD INDICES

N'daq Fut 2DOW Fut 7Nikkei 225 17873(0.7%) +120Hang Seng 20556(1.7%) +346Straits Times 3231(1.5%) +49Taiwan Weighted 7809(0.9%) +73Seoul Composite 1443(0.5%) +7
Our View:
The Asian markets are trading in the positive territory, after the second largest economy in the world, Japan, reported a faster growth in GDP for the fourth quarter of 2006, beating the market expectations and the stronger closing in US markets for the second successive day and remarks made by the FED Chairman, regarding the inflation in the US fuelled the markets. Indian indices are also trading strong on support of strong global cues.