Indian ADRs: Wipro, Infosys, Patni, HDFC Bank gained while VSNL and ICICI Bank lost ground.
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:
READ MORE ON 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
Set email alert for
ADS BY GOOGLE
video of the day
Mkt at its peak, see good correction before Jan 31: Quantum