Indian ADRs: ICICI Bank gains 8.9%, HDFC Bank up 8.3%

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Indian ADRs rallied on Monday. In the banking space, ICICI Bank was up 8.86% at $ 39.18 and HDFC Bank was up 8.35% at $ 130.39. In the telecom space, MTNL was up 3.58% at $ 3.18 and Tata Communication was up 0.77% at $ 15.73. Also Read - How US markets closed

In the IT space, Satyam Computers was up 7.25% at $ 5.62, Wipro was up 4.05% at $ 18.77, Infosys was up 2.78% at $ 49.12 and Patni Computers was up 4.03% at $ 21.93.

In other sectors, Tata Motors was up 4.28% at $ 12.67, Dr Reddy's Labs was up 3.48% at $ 23.8 and Sterlite Industries was up 2.58% at $ 17.49.

A look at how the Indian ADRs performed:

Name	Symbol	Close Price	($)Chg	Chg	Volume
Infosys	INFY	$49.12	1.33	2.78%	1,882,670
Satyam	SAY	$5.62	0.38	7.25%	2,427,623
Wipro	WIT	$18.77	0.73	4.05%	592,290
Patni	PTI	$21.93	0.85	4.03%	73,612
Tata Comm	TCL	$15.73	0.12	0.77%	115,835
MTNL	MTE	$3.18	0.11	3.58%	85,603
ICICI Bk	IBN	$39.18	3.19	8.86%	3,535,334
HDFC Bk	HDB	$130.39	10.05	8.35%	695,720
Sterlite	SLT	$17.49	0.44	2.58%	1,693,640
Dr Reddys	RDY	$23.80	0.80	3.48%	400,253
Tata Motors	TTM	$12.67	0.52	4.28%	1,891,570
Sify	SIFY	$2.03	0.08	4%	78,158
Rediff	REDF	$3.20	0.03	0.95%	54,803