US markets mixed; Indian ADRs up
US markets were mixed on Friday.
Positive comments by brokers about Microsoft boosted tech shares, helping the Nasdaq gain 20 points (1%) to 1,827. However, falling oil prices and a slip in energy shares dragged the Dow 16 points to 8,540.
Indian ADRs were mostly up.
Genpact surged 3.5% to $11.89. ICICI Bank and Patni Computers rallied 3% each to $29.83 and $10.42, respectively.
Infosys gained 2.5% at $36.15. Satyam, HDFC Bank, Tata Communications and Tata Motors added over 1% each to $3.65, $104.41, $19.22 and $9.7, respectively.
However, MTNL plunged 13.5% to $3.6. Wipro slipped 1% to $11.35.