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US markets gain on strong data, growth forecast

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BS Reporter Mumbai
Last Updated : Jan 21 2013 | 12:29 AM IST

US markets closed at 13-month highs after China reported growth in industrial production and a reputed homebuilder forecasted higher revenues.

The Dow Jones gined 44 points to 10,291. The S&P 500 was up six points at 1,099. The Nasdaq added 16 points to 2,167.

Indian ADRs were in the green. ICICI Bank rallied 6% to $40.68. Sterlite gained 4.5% at $18.24.

HDFC Bank, MTNL and Tata Motors added 3.5% each. Infosys advanced 3% to $49.68.

Tata Commmunications, Dr Reddy's, Wipro and Mahindra Satyam moved up 1-2% each.

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First Published: Nov 12 2009 | 8:17 AM IST

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