US markets rallied for a second day as traders found cause for optimism and technology stocks blazed the trail. General Motors, Intel and JP Morgan were among the top gainers.

In economic news, industrial production fell 0.7 percent in April, while capacity utilization dropped to 79.7, the lowest reading since September 2005. Jobless claims rose by 6,000, slightly more than expected, last week.

The Dow Jones ended 94 points higher at 12992, the Nasdaq shut shop at 2534, up 37 points. The S&P 500 closed 15 points higher at 1,424.

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 46.58 4.88 8.58 26.36 13.60 44.72 109.82 5.04 24.05 15.23 16.00 13.77 20.92

Change 2.25 0.01 0.01 0.41 0.22 1.44 3.75 0.06 0.26 -0.22 -0.04 0.35 0.44

Change% 5.08% 0.21% 0.12% 1.58% 1.64% 3.33% 3.54% 1.33% 1.09% -1.42% -0.25% 2.61% 2.15%

Volume 4,434,406 68,395 60,438 1,259,680 335,359 2,237,328 408,228 167,382 47,721 341,328 874,872 48,678 344,648

High 46.71 5.04 8.74 26.38 13.63 44.75 110.37 5.14 24.45 15.38 16.00 13.77 20.99

Low 44.57 4.81 8.45 25.51 13.15 43.61 105.95 4.99 23.57 14.98 15.55 13.37 20.50