Don’t miss the latest developments in business and finance.

Wall St bounces back; ADRs shine

Image
BS Reporter Mumbai
Last Updated : Jan 20 2013 | 10:54 PM IST

The Wall Street bounced back on Tuesday following a slump the day before. The Dow Industrial Average index rallied 270 points to 8,419. The Nasdaq surged 52 points to 1,450.

Indian ADRs, too, ended with smart gains. Tata Motors zoomed over 17% to $4.39. Genpact, Patni Computers, ICICI Bank, HDFC Bank, MTNL and Dr.Reddy's rallied 5-7% each. Satyam gained 4.5% at $12.34, and Infosys moved up 3.5% to $24.43.

Also Read

First Published: Dec 03 2008 | 8:27 AM IST

Next Story