Bajaj Auto GDR up 1.77%

ADR/GDR REPORT

The Instanex Skindia DR Index (ISDI) was up 0.09 per cent to 1266.28 in the early morning trades on Wednesday.

Among ISDI GDR stocks, 4 advanced, 2 remained unchanged and 1 lost ground. The major gainers were-Bajaj Auto, up 1.77 per cent to $28.70, Hindalco, up 1.75 per cent to $26.20 with volume of 10,000 GDRs and L&T, up 0.75 per cent to $26.70 with volume of 32,000 GDRs. The only loser was SBI, down 0.31 per cent to $40.25 with volume of 10,885 GDRs.

Among ISDI ADRs, 5 advanced and 3 lost ground. The major gainers were-HDFC Bank, up 1.63 per cent to $46.25 with volume of 206,500 ADRs, MTNL, up 0.72 per cent to $6.96 with volume of 83,000 ADRs and Dr Reddy's, up 0.55 per cent to $16.41 with volume of 54,400 ADRs.

The losers were-Infosys, down 0.58 per cent to $73.25, ICICI Bank, down 0.45 per cent to $22.04 with volume of 354,700 ADRs and Satyam, down 0.24 per cent to $25.15 with volume of 213,400 ADRs.

Instanex Skindia DR Index was up 0.15 per cent to 1265.87 on Tuesday and was trading at a P/E of 20.18.