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Reliance, Ranbaxy, Sbi Gdrs Gain

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Our Markets Bureau BUSINESS STANDARD
Last Updated : Jan 28 2013 | 1:52 AM IST

Indian global depository receipts (GDR) advanced in mid-trading session on Thursday in London.

On the Wall Street, the stock started flat in the opening session as investors await weekly jobless claims data and sift through a fresh batch of earnings reports, including those from Ciena Corp.

Meanwhile, Japanese stocks finished higher as a retreat by the yen sparked buying in Canon Inc and other exporters.

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The Instanex Skindia DR Index (ISDI), which tracks 15 Indian depository receipts, edged up around one per cent to 492.30 in mid-trading session.

Reliance Industries GDR rose 2.60 per cent to $11.84. State Bank of India edged up 1.97 per cent to $17.08 and Ranbaxy gained 0.01 per cent to $14.98.

However, ITC shed 1.30 per cent to $15.20. Larsen & Toubro fell 0.66 per cent to $9.00, Hindalco dropped 0.17 per cent to $14.03 and Bajaj Auto eased 0.03 per cent to $10.14.

On Wednesday, ISDI gained 0.15 per cent to 489.23, while ISDI P/E also inched up 0.15 per cent to 10.22. Meanwhile, Indian securities listed on the US exchanges were mostly weak.

Infy, the Infosys Tech ADR, fell 50 cents to $41.55. Say, the Satyam Computer ADR, eased 20 cents to $8.25 and Wit, the Wipro ADR, tumbled 88 cents to $19.07.

RDY, the Dr Reddy

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First Published: May 23 2003 | 12:00 AM IST

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