Wall St rallies; ADRs shine
The Wall Street rallied on Tuesday. The Dow Jones industrial average index surged 142 points to 8,078. The Nasdaq gained 22 points at 1,516.
The Indian ADRs, too, ended with smart gains. Sterlite soared over 6% to $5.57. MTNL surged over 4% to $3. Infosys, Genpact, ICICI Bank, HDFC Bank and Tata Motors rallied 1-3% each.
Dr.Reddy's slipped nearly 2% to $8.83, and Satyam was down 1% at $1.99.