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Indian ADRs end in the green

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SI Reporter Mumbai
Last Updated : Jan 20 2013 | 8:45 PM IST

Most of the Indian ADRs ended on a positive note following marginal gains on Wall Street; technology shares ended higher bouyed by positive earnings expectations while banking shares lagged after JP Morgan reported 67% rise in net income.

Indian IT ADRs logged gains,  Wipro climbed 0.3%, Genpact added 0.2%, TCS zoomed 2%, and Infosys gained 1.7%.

India's Telephone service provider MTNL ADR surged 5.3%. From the  auto pack Tata Motors edged up 3.7%. 

In  the healthcare space, Dr Reddy's was up 0.8%. From the metal pack, Sterlite Industries moved up 1.2%.

Investors cashed in banking shares, HDFC was up 3% and ICICI Bank added 3.6%.

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First Published: Apr 14 2011 | 10:14 AM IST

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