Indain ADRs: HDFC Bank down 4.2%, ICICI Bank slips 4%

Published on Fri, Nov 16, 2007 at 08:35 |  Source : Moneycontrol.com

Updated at Fri, Nov 16, 2007 at 08:38  

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Wall Street skidded lower yesterday as investors grappled with concerns about the strength of consumer spending and the overall economy after downbeat comments from J.C. Penney Co. and Wells Fargo & Co.

Wall Street is concerned about rising gas prices. Although oil has come off the highs seen last week, prices remain elevated and could crimp consumer spending as the all-important holiday shopping season approaches.

The Dow Jones industrial average fell 120.96 points, or 0.91%, to 13,110.05. The Standard & Poor's 500 index fell 19.43 points, or 1.32%, to 1,451.15. The Nasdaq composite index fell 25.81 points, or 0.98%, to 2,618.51.

A look at how the Indian ADRs performed:

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

Sterlite Ind

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

SLT

Price

41.24
6.58
12.09
25.8
13.67
61.53
122.3
8.88
26.07
15.32
17.1
15.29
24.75

Change
-0.99
-0.23
-0.28
-0.52
-0.06
-2.64
-5.42
0.30
0.44
0.25
-0.44
0.10
0.05

Change%

-2.34%
-3.38%
-2.26%
-1.98%
-0.44%
-4.11%
-4.24%
3.50%
1.72%
1.66%
-2.51%
0.66%
0.20%

Volume
2,611,187
294,503
94,916
610,401
345,200
2,214,800
526,706
181,000
101,900
455,600
866,636
84,500
3,872,050

High
42.00
6.94
12.37
26.76
13.96
64.50
128.42
8.92
26.66
15.38
17.66
15.50
24.94

Low
41.08
6.52
11.70
25.60
13.52
60.92
119.61
8.69
25.88
14.89
17.08
15.07
24.37

  

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