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Wall St ends with moderate gain; Dow up 51 points

Published on Wed, May 07, 2008 at 08:08 , Updated at Wed, May 07, 2008 at 09:17
Source : moneycontrol.com

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US markets rose to a four month high. Financial and energy shares sparked the positive moves on the US indices. Fannie Mae climbed 8.9% after dropping as much as 7.3% as the government loosed restrictions on the company.

The Dow Jones industrial average added 51.29 points, or 0.40%, to 13,020.83. The Standard & Poor's 500 index advanced 10.77 points, or 0.77%, to 1,418.26, and the Nasdaq composite index gained 19.19 points, or 0.78%, to 2,483.31.

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

45.80
5.15
8.98
27.26
13.67
45.34
116.27
5.43
24.89
15.81
16.88
13.02
21.46

Change
1.44
0.06
-0.01
0.35
0.27
-0.89
-0.56
-0.18
0.69
0.15
0.04
0.11
0.95

Change%

3.25%
1.18%
-0.11%
1.30%
2.01%
-1.93%
-0.48%
-3.21%
2.85%
0.96%
0.24%
0.85%
4.63%

Volume
2,899,968
103,549
31,211
1,196,027
286,366
2,374,159
429,783
130,113
67,806
229,671
679,145
98,623
710,747

High
46.15
5.19
9.08
27.43
13.72
45.9
116.61
5.53
25.00
15.99
16.98
13.04
21.56

Low
44.12
5.00
8.80
26.49
13.06
45.21
114.9
5.35
24.00
15.70
16.61
12.70
20.81



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Continued SubPrime

From earlier part... 4. This was not an end. The lending Banks like CitiGroup, Wachovia, etc pooled the sub-prim...

in Other Market Topics - venkat_c at 11-Oct-08 01:59

US markets open red

Thanks. Of course 8500 sensex is just possible but not 3000 sensex....

in Other Market Topics - vkk43 at 11-Oct-08 06:44

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