Most of the Indian ADRs ended on a negative note following weakness across Wall Street led by lower than expected services sector growth.
Indian IT ADRs logged losses, Wipro fell 1.8%, TCS was off 2.8% and Infosys declined 0.8%. However Genpact bucked trend, was up 1.5%
From the auto pack Tata Motors edged down 1.5%. Among the healthcare space, Dr Reddy's slipped 4.3%.
Banking ADRs also ended in the red, HDFC Bank was down 0.3% and ICICI Bank ended declined 0.6%.
From the metal pack, Sterlite Industries was off 1.1%. Among the only gainer, India's Telephone service provider MTNL ADR surged 3.3%.
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
