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US markets end firm; Mahindra Satyam ADR slips 6%

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BS Reporter Mumbai
Last Updated : Jan 20 2013 | 12:00 AM IST

US stocks rose on Tuesday as a good profits from Caterpillar Inc removed some uneasiness about the company's outlook for the current quarter.

The Dow Jones industrial average gained 68 points (0.77%) to 8,916. The Standard & Poor's 500 Index rose three points (0.36%) to 954. The Nasdaq Composite Index added seven points (0.36%) to 1,916 which was the closing high for the year.

The Indian ADRs ended on a negative note.

Satyam Mahindra slipped 6% to $4.37. ICICI Bank dropped 2% to $32.54.

Patni Computers was down 2% at $11.97 and Wipro was marginally down 1% at  $13.48.

HDFC Bank and Dr Reddys were the other marginal losers.

On the other hand, MTNL added 4% to $4 and Sterlite was up 1% at $12.1

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First Published: Jul 22 2009 | 8:07 AM IST

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