Wall St rallies; Indian ADRs mixed

The US stocks rallied for the second consecutive day led by upsurge in technology shares. The Dow Jones industrial average gained 92 points at 11,260. The Nasdaq surged 41 points to 2,220.

The Indian ADRs, however, ended on a mixed note. MTNL rallied 2% to $7.49. HDFC Bank added 1.7% to $53.83. Infosys and ICICI Bank were up almost 1% each at $71.24 and $26.85, respectively.

On the other hand, Dr.Reddy's plunged nearly 5% to $27.60. Patni Computers and VSNL slipped over 1% each to $15.50 and $16.53, respectively.