Indian ADRs: Technology stocks continue to rally

Indian ADRs: Wipro, Infosys, Patni, HDFC Bank gained while VSNL and ICICI Bank lost ground.
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Home » News » Indian ADRs

Nov 15, 2006, 09.11 AM | Source: Moneycontrol.com

Indian ADRs: Technology stocks continue to rally

Indian ADRs: Wipro, Infosys, Patni, HDFC Bank gained while VSNL and ICICI Bank lost ground.

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Indian ADRs: Technology stocks continue to rally

Indian ADRs: Wipro, Infosys, Patni, HDFC Bank gained while VSNL and ICICI Bank lost ground.

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Indian ADRs: Technology stocks continue to rally
Wall Street barrelled higher yesterday, with the Dow Jones industrials surging further into record territory after a Federal Reserve official indicated the Fed will maintain its policy of stable interest rates.

The Dow rose 86.13 points, or 0.71%, to close at 12,218.01, above the previous record close of 12,176.54 reached last Wednesday. The blue chips also reached a new trading high of 12,228.01.

Broader stock indicators also closed sharply higher. The Standard & Poor's 500 index rose 8.80 points, or 0.64%, to 1,393.22. It hit a trading high of 1,394.49; this was the first time the S&P 500 surpassed 1,394 since November 2000.

The Nasdaq composite index rose 24.28 points, or 1.01%, to 2,430.66.

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

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

Price

56.50
9.69
16.56
22.64
15.14
37.99
74.64
6.07
19.60
17.45
18.68
21.03

Change
1.33
0.67
0.83
0.03
0.58
-0.43
1.39
0.04
-0.40
-0.05
-0.14
0.53

% Chg
2.41%
7.43%
5.28%
0.13%
3.98%
-1.12%
1.90%
0.66%
-2.00%
-0.29%
-0.74%
2.59%

Volume
1,568,821
837,531
490,330
1,505,100
807,100
1,394,100
350,100
154,500
150,800
346,800
626,500
42,800

High
56.60
9.74
17.17
22.89
15.14
38.78
74.95
6.12
19.77
17.58
18.69
21.10

Low
55.22
9.01
15.68
22.36
14.58
37.90
73.62
6.00
19.17
17.33
18.52
20.61

 

 

 

 

 

 

 

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