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Technology Stocks : Satyam Infoway Ltd-(Nasdaq:SIFY)

SIFY 11.33

+9.2%

Nov 24 3:59 PM EST

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To: Mohan Marette who wrote (1165)	3/14/2000 9:16:00 PM
From: Mohan Marette	Read Replies (1) of 1471

Mastercard says consumer confidence up Agencies/New Delhi India has staged the most dramatic upsurge in overall consumer confidence over the last two years, mainly due to buoyant stock markets, improving economic conditions and better employment opportunities, the latest Masterindex survey reveals. The survey gives India 70.1 against the previous 44.5 overall, saying "the current index of 70 is the second highest ever, with Indians continuing to have the highest expectations from regular income at 87.7." Also, the survey found impressive increases for the stock markets at 80, higher by 46.2 points; economy higher by 27.5 points at 66.2 and employment at 52.2, a 30 point increase. "The level of consumer confidence is unprecedented in India, Hong Kong, China and Singapore. It certainly looks as if the financial markets are feeding off each other's extremely positive sentiments," Mastercard International's vice-president and country manager for South Asia Sameer Vakil said on Tuesday. -The Pioneer (New Delhi)

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