Indian ADRs: ICICI Bank gains 6%, HDFC Bank up 3%

Published on Thursday, October 1st, 2009 at 9:51 AM
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Author: admin (5507 Articles)

Indian ADRs ended in green on Wednesday. In the banking space, ICICI Bank was up 6.11% at $ 38.56 and HDFC Bank was up 3.06% at $ 118.37. In the telecom space, Tata Communication was up 2.74% at $ 20.62 and MTNL was up 0.81% at $ 3.75.

In the IT space, Wipro was up 2.87% at $ 17.95, Infosys was up 0.71% at $ 48.49, Patni Computers was up 0.76% at $ 18.5. However, Satyam Computers, which was the sole loser among the ADRs, was down 1.2% at $ 6.58.

other sectors, Sterlite Industries was up 1.85% at $ 15.97, Tata Motors was up 1.09% at $ 1.09% at $ 12.96 and Dr Reddy’s Labs was up 1.3% at $ 19.5.

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