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Indian ADRs: Infosys, Satyam, Wipro, Tata Comm up
Published on Thu, Aug 28, 2008 at 08:35   |  Updated at Thu, Aug 28, 2008 at 08:40  |  Source : CNBC-TV18

US markets finished higher after a choppy session boosted by a rise in financials and energy stocks. Better-than-expected durable-goods numbers surprised the street with a 1.3% jump. Dow Jones gained 0.79% or 89.64 points, to close at 11502.51. The S&P 500 closed at 1,281.66, up 10.15 points or 0.80%. The Nasdaq ended at 2382.46, up 20.49 points or 0.87%.

Indian ADRs ended higher on Wednesday. However, gainers outnumbered the losers. In IT space, Infosys was up 1.58% at $ 41.17, Wipro was up 1.05% at $ 11.60, Patni Computers was up 0.95% at $ 10.61 and Satyam Computers was up 0.32% at $ 21.62.


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In Banking space, HDFC Bank was up 0.8% at $ 88.65, however, ICICI Bank was down 1.15% at $ 29.96. In Telecom space, Tata Communication was up 1.18% at $ 18.93, however, MTNL ends down 0.83% at $ 4.78.

In other sectors, Dr Reddy’s Labs was up 0.66% at $ 13.64, Tata Motors was up 0.31% at $ 9.80 and Sterlite Industries was up 0.28% at $ 14.22. 

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

41.17
3.13
5.89
21.62
11.60
29.96
88.65
4.78
18.93
13.64
9.80
10.61
14.22

Change
0.64
0.48
0.00
0.07
0.12
-0.35
0.70
-0.04
0.22
0.09
0.03
0.10
0.04

Change%

1.58%
18.11%
0.00%
0.32%
1.05%
-1.15%
0.80%
-0.83%
1.18%
0.66%
0.31%
0.95%
0.28%

Volume
2,106,931
782,399
110,437
818,903
309,312
1,499,887
439,400
30,430
32,703
245,220
661,374
27,542
355,423

High
41.51
3.29
6.12
21.88
11.68
30.18
88.66
4.82
19.00
13.92
9.80
10.71
14.50

Low
40.33
2.91
5.86
21.36
11.49
29.52
86.90
4.75
18.64
13.55
9.55
10.20
14.09

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