The Wall Street rallied on the back of cool down in crude oil prices. The US crude oil futures plunged $6.59 to $114.59 a barrel after having surged over $121 the preceeding day.
The Dow Jones industrial average surged 198 points to 11,628. The Nasdaq gained 34 points at 2,415.
Among the Indian ADRs - Tata Motors advanced 4.3% to $9.70. Infosys soared over 3% to $41.56. HDFC Bank and Tata Communications moved up 2.7% each to $85.52 and $19.39, respectively. Sterlite, ICICI Bank, MTNL and Dr.Reddy's were up 1-2% each.
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