Most of the Indian ADRs ended on a positive note following marginal gains on Wall Street; technology shares ended higher bouyed by positive earnings expectations while banking shares lagged after JP Morgan reported 67% rise in net income.
Indian IT ADRs logged gains, Wipro climbed 0.3%, Genpact added 0.2%, TCS zoomed 2%, and Infosys gained 1.7%.
India's Telephone service provider MTNL ADR surged 5.3%. From the auto pack Tata Motors edged up 3.7%.
In the healthcare space, Dr Reddy's was up 0.8%. From the metal pack, Sterlite Industries moved up 1.2%.
Investors cashed in banking shares, HDFC was up 3% and ICICI Bank added 3.6%.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app