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Wall St ends with moderate gain; Dow up 46 pts

Published on Thu, May 29 at 08:32 , Updated at Thu, May 29 at 08:48
Source : moneycontrol.com

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The US markets ended higher after a volatile session. The move was lead by better-than-forecast durable goods orders and positive financial results from select retailers. Shares of technology companies such as IBM and Hewlett-Packard rose after a government report on orders for durable goods long-lasting manufactured items showed a surprising jump in business investment last month.

American Insurance Group, the world's largest insurer, fell sharply after Citigroup said the insurer may need even more capital after raising $ 20 billion just last week.

At closing bell, the Dow Jones was up 46 points to shut at 12,594. Nasdaq was up 5 points and shut shop at 2,487. The S&P 500 index shut shop 5 points higher as well at 1,3901.

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

44.39
4.95
7.45
26.48
13.51
38.08
98.44
4.73
24.14
15.89
14.53
13.15
21.39

Change
1.10
-0.02
0.11
0.64
0.23
0.34
0.86
0.02
0.44
-0.32
-0.30
0.12
0.19

Change%

2.54%
-0.40%
1.50%
2.48%
1.73%
0.90%
0.88%
0.42%
1.86%
-1.97%
-2.02%
0.92%
0.90%

Volume
2,563,612
73,315
140,381
744,246
253,445
2,844,164
352,424
236,458
71,154
182,996
1,689,378
20,915
331,658

High
44.62
5.06
7.62
26.5
13.58
38.36
98.50
4.75
24.25
16.14
15.06
13.27
21.42

Low
43.94
4.94
7.31
25.83
13.32
37.75
96.73
4.65
23.53
15.89
14.51
13.02
20.95




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