Indian ADRs: HDFC Bank gaines 4%, MTNL up 2.8%

Published on Wed, Dec 19, 2007 at 08:30 |  Source : Moneycontrol.com

Updated at Wed, Dec 19, 2007 at 08:34  

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US markets breathed a sigh of relief after the European Central Banks injected 500 billion dollars into the financial system, a move which could help the economy withstand a deteriorating housing market. Weak housing starts data reflected a continued weak housing market but because they were largely in line with expectations, they didn't have much bearing on the markets. In stocks in action Goldman Sachs reported strong fourth quarter numbers above street expectations.

The Dow Jones industrial average gained 65.27 points, or 0.50%, at 13,232.47. The Standard & Poor's 500 Index rose 9.08 points, or 0.63%, at 1,454.98. The Nasdaq Composite Index advanced 21.57 points, or 0.84%, at 2,596.03.

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

42.03
5.17
11.30
25.21
14.08
58.00
125.41
9.00
29.87
17.9
17.78
15.74
24.15

Change
1.01
0.02
0.11
0.17
0.08
1.10
4.90
0.25
0.65
0.05
0.30
-0.34
0.51

Change%

2.46%
0.39%
0.98%
0.68%
0.57%
1.93%
4.07%
2.86%
2.22%
0.28%
1.72%
-2.11%
2.16%

Volume
1,970,213
374,821
115,969
1,010,068
485,994
2,570,060
505,430
133,200
201,411
326,352
806,710
57,985
1,230,206

High
42.15
5.35
11.75
26.15
14.42
58.71
126.61
9.09
31.36
18.08
18.02
16.03
24.21

Low
41.40
5.07
10.92
24.59
13.95
56.50
120.78
8.70
29.06
17.75
17.51
15.60
23.76

  

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