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Wall St rallies; ADRs shine

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

The Wall Street ended on a weak note on Thursday. The Dow Industrial Average index rallied 259 points to 8,635. The Nasdaq gained 64 points at 1,509.

Indian ADRs mostly ended with smart gains. ICICI Bank and Tata Motors rallied nearly 9.7% each to $15.34 and $4.75, respectively. HDFC Bank surged 7.5% to $58.74. Wipro gained 4.7% at $6.67. Infosys, Genpact, Satyam and Dr.Reddy's were up 2-4% each.

On the other hand, MTNL shed 4.5% at $2.79. Satyam slipped 3.5% to $4.67, and Tata Communications declined 1.6% to $16.24.

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First Published: Dec 06 2008 | 11:14 AM IST

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