INDIAN ADRs UPDATE
Green end for Indian ADRs on Monday
Monday saw a great ending for Indian ADRs on Monday morning.
In the Banking space, the HDFC Bank (1.77%) and the ICICI Bank (0.88%) closed up.
In the Telecom space, the Tata Communication (2.03%) and the MTNL (4.46%), also ended up.
In the IT space, Satyam Computers (1.14%), Patni Computers (2.94%), Wipro (0.77%) and Infosys (1.47%), all closed up.
Speaking of other industries, Tata Motors (0.72%), Sterlite Industries (1.35%) and Dr. Reddy's Labs (0.6%), finished the day on a positive note.
Monday saw a great ending for Indian ADRs on Monday morning.
In the Banking space, the HDFC Bank (1.77%) and the ICICI Bank (0.88%) closed up.
In the Telecom space, the Tata Communication (2.03%) and the MTNL (4.46%), also ended up.
In the IT space, Satyam Computers (1.14%), Patni Computers (2.94%), Wipro (0.77%) and Infosys (1.47%), all closed up.
Speaking of other industries, Tata Motors (0.72%), Sterlite Industries (1.35%) and Dr. Reddy's Labs (0.6%), finished the day on a positive note.
MONDAY:A LET DOWN FOR INDIAN INDICES
Negative domestic cues played a spoilsport as both, the Sensex and the Nifty closed down on a disappointing note.The Sensex ended the day at 17410, down by 168 points. On the other hand, the Nifty finished the day down by 58 points, at 5205. Meanwhile, speaking of the second-rung stock segment, both the CNX Midcap and the BSE Smallcap closed down by 0.9 percent each, respectively.
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