The Instanex Skindia DR Index (ISDI) was down 0.10 per cent to 989.42 on Monday in early trades. |
Among ISDI global depository receipts (GDRs), four advanced, two remained unchanged and one lost ground. |
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The gainers were Hindalco up 1.66 per cent to $29.99, Larsen & Toubro up 1.05 per cent to $18.34 and State Bank up 0.38 per cent to $26.10 and a volume of 1,495 GDRs. |
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The only loser was Ranbaxy down 1.05 per cent to $23.50 with a volume of 12,386 GDRs. |
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The ISDI, representing the GDRs and ADRs of 15 actively traded companies, eased by 0.47 per cent to 989.39 on October 8 as against the previous level of 994.09. |
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The ISDI price-to-earning ratio also edged down by 0.58 per cent to 17.92 from 18.03. |
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Among the ISDI GDRs and ADRs, there were four gainers, two losers and nine ruled steady. Among ISDI ADRs, four advanced and four lost ground. |
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The major gainers were HDFC Bank up 1.50 per cent to $33.24 and a volume of 21,700 ADRs, Dr Reddy's up 1.26 per cent to $16.88 and a volume of 157,000 ADRs and Wipro up 0.48 per cent to $20.75 and a volume of 275,100 ADRs. |
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The major losers were Infosys down 1.85 per cent to $55.79, Satyam Computer down 0.62 per cent to $24.20 and a volume of 240,200 ADRs and VSNL down 0.53 per cent to $7.49 and a volume of 29,500 ADRs. |
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However, the GDRs State Bank of India and Ranbaxy Labs declined to $25.70 and $23.75, respectively, from $26.18 and $23.90. |
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Meanwhile, US stocks looked set to open nearly unchanged on Monday, with high oil prices hitting a new record amid light trading volume. |
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US light crude hit a new high of $53.63 a barrel, up 30 cents. |
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