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Moneycontrol » News Center » Stocks » ADRs & GDRs
Indian ADRs: Infy up 5%, ICICI, HDFC Bk up over 3.3%
Published on Fri, May 16, 2008 at 08:30   |  Updated at Fri, May 16, 2008 at 09:00  |  Source : CNBC-TV18
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US markets rallied for a second day as traders found cause for optimism and technology stocks blazed the trail. The Dow Jones ended 94 points higher at 12992, the Nasdaq shut shop at 2534, up 37 points. The S&P 500 closed 15 points higher at 1,424.

Indian ADRs finished higher. Technology stocks rallied; Infosys up 5%, Satyam up 1.6%, Wipro up 1.64% and Patni gains 2.6%. Telecom stocks also jumped higher; Tata Comm was up 1.09% and MTNL up 1.33%.


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Banking stocks have shot up smoothly; ICICI Bank rose 3.33% and HDFC Bank up 3.54%. In the metal space, Sterlite up 2.15%.

However, auto and pharma stocks declined; Tata Motors down 0.25% and Dr Reddy's Labs down 1.42%, respectively.

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

46.58
4.88
8.58
26.36
13.60
44.72
109.82
5.04
24.05
15.23
16.00
13.77
20.92

Change
2.25
0.01
0.01
0.41
0.22
1.44
3.75
0.06
0.26
-0.22
-0.04
0.35
0.44

Change%

5.08%
0.21%
0.12%
1.58%
1.64%
3.33%
3.54%
1.33%
1.09%
-1.42%
-0.25%
2.61%
2.15%

Volume
4,434,406
68,395
60,438
1,259,680
335,359
2,237,328
408,228
167,382
47,721
341,328
874,872
48,678
344,648

High
46.71
5.04
8.74
26.38
13.63
44.75
110.37
5.14
24.45
15.38
16.00
13.77
20.99

Low
44.57
4.81
8.45
25.51
13.15
43.61
105.95
4.99
23.57
14.98
15.55
13.37
20.50



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Tags: US,  Wall Street,  Nasdaq,  S&P 500,  Dow Jones, Infosys, Satyam Computer, Wipro, ICICI Bank, HDFC Bank, MTNL, VSNL, Dr Reddy's Lab, Tata Motors
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