Another good day for Indian ADRs
The Indian ADRs closed in the green for the second consecutive day on the back of the positive sentiments in the US market.
The top gainers for the day were HDFC Bank gaining 2% at $176 followed by Tata Motors and ICICI Bank gaining 1% each at $ 28 and $ 50 respectively. Patni Computer Systems and Tata Communications adding 0.5% each were the other noteable gainers.
However, there were two exceptions. Dr Reddy's and Satyam Computer Services down 0.5% and 0.6% closed in the red.