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Moneycontrol India :: News :: US mkts end firm amid weak economic report; Dow down 16 pts :: Infosys Technologies :: International Markets :: US, Wall Street, Nasdaq, S&P 500, Dow,Infosys,Satyam Computer,Wipro,ICICI Bank,HDFC Bank,MTNL,VSNL,Dr Reddy's Lab,Tata Motors,
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US mkts end firm amid weak economic report; Dow down 16 pts
2008-03-26 08:41:19 Source : moneycontrol.com
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US markets took a blow from a batch of weak economic news, yet it managed to lift itself up off the mat and finish higher. Rebounding metal and oil prices lifted mining and energy shares, offsetting news of the biggest drop in consumer confidence in five years.

Stocks weakened earlier in the session after reports showed consumer confidence fell sharply in March. The index slumped to a five-year low of 64.5. Home prices in 20 metros fell the most in January. The home-price index dropped 10.7% in January from a year earlier. Financials don't seem to be out of the woods yet. Metal and oil prices rebounded, snapping a 3-day losing streak. Alcoa ended 2% highe

The Dow declined 16.04 points, or 0.13%, to 12,532.60. The S&P added 3.11 points, or 0.23%, to 1,352.99; the Nasdaq gained 14.30 points, or 0.61%, to 2,341.05.

A look at how the Indian ADRs performed:

Name
Infosys
Sify
Rediff.com India
Satyam
Wipro
ICICI Bank
HDFC Bank
MTNL
Tata Comm
Dr Reddy's Lab
Tata Motors
Patni Computer

Sterlite Ind

Symbol
INFY
SIFY
REDF
SAY
WIT
IBN
HDB
MTE
TCL
RDY
TTM
PTI

SLT

Price

37.40
4.18
7.72
24.16
11.56
43.00
104.55
5.09
27.50
14.50
17.36
11.50
18.20

Change
1.10
0.04
0.07
0.35
0.22
2.34
2.64
0.19
0.07
0.18
0.50
-0.28
1.20

Change%

3.03%
0.92%
0.92%
1.47%
1.94%
5.75%
2.59%
3.88%
0.26%
1.26%
2.97%
-2.38%
7.06%

Volume
3,503,094
75,278
71,746
1,070,450
657,854
7,176,683
624,823
174,350
79,807
288,275
1,325,340
125,215
1,054,179

High
37.66
4.22
7.90
24.39
11.63
44.28
108.00
5.16
29.31
14.86
17.5
11.94
18.58

Low
36.93
4.04
7.50
23.86
11.22
42.80
104.11
4.97
27.10
14.30
16.84
11.40
17.12

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