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Indian ADRs end on a positive note

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SI Reporter Mumbai
Last Updated : Jan 20 2013 | 1:57 AM IST

Most of the Indian ADRs ended in the green on Monday bouyed by gains on Wall Street on back of buying interest post AT&T deal. AT&T announced plans to buy T-Mobile USA owned by Deutsche Telekom.

India's Telephone MTNL ADR was up 1.6% IT stocks also surged in trade yesterday. Infosys and Genpact advanced 1% and 0.6% each. Wipro was the top gainer, up 4.1%.

From the healthcare space, Dr Reddy's zoomed 1.2%.  From the metal pack, Sterlite Industries moved up by 1.7% at $14.27.

Investors cashed out of Banks, HDFC Bank dipped 1.2% to $154 and ICICI Bank declined 1.2%.

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First Published: Mar 22 2011 | 8:31 AM IST

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