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US mkts end mixed as oil surges; Dow down 6-pt

Published on Sat, May 17 at 09:09 , Updated at Mon, May 19 at 11:02
Source : CNBC-TV18

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In the US markets, major indices declined while overall ended mixed, led by retailers and financial companies, after consumer confidence slumped to the lowest in 28 years and surging crude oil prices fuelled worries about the economy.

And even though the markets booked solid gains for the week, they ended lower for the day.

The Dow Jones ended 5.86 points down at 12,986.80 while the Nasdaq shut shop at 2528.85 down 4.88 points or 0.19%. The S&P 500 Index closed at 1,425.35, up 1.78 points or 0.13%.

The crude oil price surged to USD 127.82 a barrel on Friday.

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

46.01
4.87
8.65
26.41
13.27
44.46
108.05
5.05
23.86
15.22
16.02
13.48
21.82

Change
-0.57
-0.01
0.07
0.05
-0.33
-0.26
-1.77
0.01
-0.19
-0.01
0.02
-0.29
0.90

Change%

-1.22%
-0.20%
0.82%
0.19%
-2.43%
-0.58%
-1.61%
0.28%
-0.79%
-0.07%
0.13%
-2.11%
4.30%

Volume
2,423,359
90,474
73,808
998,195
401,899
1,258,463
308,405
132,418
44,381
206,591
745,486
23,333
1,781,954

High
46.25
4.98
8.74
26.60
13.45
45.33
110.06
5.12
24.04
15.33
16.02
13.66
22.14

Low
45.15
4.77
8.50
25.50
13.06
43.85
107.52
5.01
23.56
15.11
15.77
13.28
21.01



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Citi Investment sees a steady erosion in commodity prices

Crude is now almost at USD 116 per barrel. Alan Heap, Managing Director & Global Commodity at Citi Investment Resea...

in Other Market Topics - MMB Messenger at 21-Aug-08 01:09

I think BSE is manupulated

SEBI should check with exchanges for recent dowside or say manupulative behaviour. I think BSE is highly manupulati...

in Other Market Topics - Guest at 21-Aug-08 12:08

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