Indian ADRs: ICICI Bank gains 15%, Patni up 12.4%

Published on Thu, Jan 29, 2009 at 08:07 |  Source : Moneycontrol.com

Updated at Thu, Jan 29, 2009 at 08:16  

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Patni Computer Systems |

US markets ended higher, led by banks, amid enthusiasm for Obama's "bad bank" plan and as the 819 billion dollar stimulus package neared approval.

Banks dominated the rally and Wells Fargo up 31% as it maintained dividend and said it needed no more bailouts.

The Dow rose 200.72 points, or 2.46%, to 8,375.45. The S&P 500 index advanced 28.38 points, or 3.36%, to 874.09. The Nasdaq composite index gained 53.44 points, or 3.55%, to 1,558.34.

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
28.04
0.94
1.95
2.09
7.32
17.46
62.64
2.96
18.83
9.12
4.35
5.62
5.44

Change
0.93
0.03
0.05
0.19
0.36
2.28
4.90
0.08
0.77
0.18
0.25
0.62
0.08

Change%
3.43%
3.18%
2.63%
10.00%
5.17%
15.02%
8.49%
2.78%
4.26%
2.01%
6.10%
12.40%
1.49%

Volume
2,290,662
183,727
5,782
8,018,690
487,247
5,757,525
717,528
73,601
200,727
196,246
734,429
69,106
1,190,183

High
28.38
0.95
2.00
2.14
7.45
17.75
63.95
2.98
19.28
9.13
4.42
5.75
5.46

Low
27.67
0.92
1.91
2.01
7.14
16.35
59.05
2.87
18.63
8.84
4.10
5.16
5.25

  

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