Indian ADRs gain on Thursday, MTNL slips

It was a fairlly positive day for the Indian ADRs on Thursday.

Sterlite Industries was the top gainer at $16.63 up 1.6%, followed by Patni Computer Systems at $21.14 and Wipro at $15.63, both up 1.5%.

Tata Motors closed up 1.4% at $29.34, while Dr Reddy's was up nearly 1% at $37.01.

ICICI Bank at $50.32 and Infosys Technologies at $76.40 ended up 0.8%.

Tata Communications ended flat at $11.27, while Satyam Computer Services closed at $2.93, unchanged since Wednesday.

MTNL, Wednesday's highest gainer, turned out to be Thursday's highest loser, and was down 1.2% at $2.41.

HDFC Bank shed 0.6% at $167.51, and Genpact closed marginally in the red at $15.39.