Indian ADRs: Dr Reddy’s Lab, HDFC Bank, Tata Motors up

wall_street_new1_2544_356Indian ADRs ended higher on Tuesday.

In the banking space, ICICI Bank added 0.14 percent at USD 7.06

HDFC Bank gained 0.94 percent at USD 56.45.

In the IT space, Infosys was down 0.29 percent at 17.52

Wipro was up 0.16 percent at USD 11.42.

In the other sectors, Tata Motors jumped 0.73 percent to USD 25.22.

Dr Reddy’s Laboratories rose 0.95 percent at USD 42.99.

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Sensex up 473 pts, Nifty ends above 7400 on global rally

The market snapped two-day losses on Friday. The Sensex rallied 473.45 points or 1.98 percent to 24435.66 and the Nifty surged 145.65 points or 2 percent to 7422.45, tracking global rally and oil rebound. The BSE Midcap index gained 1.9 percent and Smallcap surged 2.25 percent.

More than three shares advanced for every share declining on the Bombay Stock Exchange.

GAIL, Hindalco Industries, Maruti Suzuki, Tata Steel, Hero Motocorp and M&M were top gainers, rising 5-8 percent while Bharti Airtel and Idea Cellular lost 3.36 percent and 6.23 percent, respectively.

 

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