Icici Bank, Infosys Slip

The Instanex Skindia DR Index (ISDI), representing the GDRs of 15 actively traded companies, shed around one per cent during early trades on Tuesday till 5.00 pm local time.

The decline was led by heavyweights ICICI Bank (weight:13.11 per cent; down 0.91 per cent to $6.50), Infosys (weight:9.98 per cent; down 1.92 per cent to $69.98) and Satyam Computer (weight:7.36 per cent; down 1.60 per cent to $12.94).

There were 4 gainers and 9 losers among Indian DRs, while 59 others remained unchanged. On Monday, the ISDI eased further by 0.45 per cent to 512.32. The ISDI Index P/E ratio also moved down by 0.56 per cent to 10.95.

 

Key Asian markets witnessed a mixed trend on Tuesday even as regional leader Tokyo stayed closed for year-end holidays.

The markets in Tokyo will resume only on January 6, 2003. Seoul, too, was closed on Tuesday. Singapore