Reliance GDR up 0.72%

ADR/GDR REPORT

The Instanex Skindia DR Index (ISDI) was down 0.63 per cent to 835.52 in early trades in London on June 17 at 5.00 pm IST.

Among ISDI GDR stocks, 1 advanced, 3 remained unchanged and 3 lost ground. The only gainer was Reliance, up 0.72 per cent to $20.85, registering a volume of 131,376 GDRs.

The losers were Ranbaxy, down 3.55 per cent to $21.75, registering a volume of 173,800 GDRs, SBI was down 2.10 per cent to $23.30, registering a volume of 34,900 GDRs and Hindalco was down 1.88 per cent to $20.90, registering a volume of 3,000 GDRs.

In the market, on June 16, among ISDI ADRs, 2 advanced and 6 lost ground. The gainers were Dr Reddy's, up 0.59 per cent to $18.79 and Infosys gained 0.33 per cent to $86.31. The major losers were Satyam Computer, down 1.99 per cent to $17.70, Wipro was down 1.20 per cent to $44.30 and MTNL, down 0.89 per cent to $6.68.

Instanex Skindia DR Index was down 0.53 per cent to 840.33 on June 16 and was trading at a P/E of 15.31 (down 0.49 per cent).