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US markets gain on recovery hopes

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BS Reporter Mumbai
Last Updated : Jan 20 2013 | 12:09 AM IST

US markets gained on Tuesday on hopes of the Federal Reserve's accomodative policy will help in economic recovery.

The Dow added 51 points to 9,830. The Nasdaq edged up eight points to 2,146.

Indian ADRs were in the green.

Tata Motors gained 3.3% at $13.23. ICICI Bank, HDFC Bank and Sterlite added 2.5% each to $35.84, $110.41 and $15.82, respectively.

Wipro and Mahindra Satyam edged up 2% each. MTNL moved up 1% to $3.78.

However, Patni Computers slipped 1% to $18.12.

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First Published: Sep 23 2009 | 8:15 AM IST

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