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US markets rally on strong manufacturing data

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BS Reporter Mumbai
Last Updated : Aug 04 2009 | 8:16 AM IST

US markets rallied on a strong manufacturing data on Monday.

The Dow surged 115 points (1.2%) to 9,287. The Nasdaq shot above 2,000 and closed at 2,009 - up 30 points (1.5%).

Indian ADRs soared with Sterlite zooming over 8% to $14.34.

Tata Motors and Mahindra Satyam rallied 7% each to $11.31 and $5.4, respectively.

ICICI Bank gained 6% at $33.2. Wipro and MTNL added 4% each to $15.12 and $4.39, respectively. Tata Communications and HDFC Bank moved up 3.5% each.

Infosys, Dr Reddy's and Patni Computers advanced 1-3% each.

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First Published: Aug 04 2009 | 8:16 AM IST

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