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Indian ADRs end mostly higher

SI Reporter Mumbai

Most of the Indian ADRs ended on a positive note after Wall Street indices advanced to 2011 highs on on upbeat jobs and retail sales data.

Indian IT ADRs logged gains, Infosys climbed 2.7%, TCS zoomed 3.6%, Wipro added 2.9%, but Genpact slipped 0.2%.

From the auto pack Tata Motors edged up 3%. Among the healthcare space, Dr Reddy's added 1.4%.

Investors cashed in banking shares, HDFC was up 1.4% and ICICI Bank added 2.3%.

However, India's Telephone service provider MTNL ADR surged 1.1% and from the metal pack, Sterlite Industries was up 0.9%.

 

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First Published: Jul 08 2011 | 8:44 AM IST

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