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Wall St rallies on signs of economic recovery; ADRs gain

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BS Reporter Mumbai
Last Updated : Jan 19 2013 | 11:26 PM IST

The Wall Street rallied for the second day in a row on continued optimism of a economic recovery. The Dow Jones industrial average index rallied 175 points to 7,925. The Nasdaq gained 58 points at 1,587.

Indian ADRs, too, ended with smart gains. MTNL zoomed nearly 7% to $2.73. Sterlite surged 5.5% to $7.10, and ICICI Bank soared 5% to $14.79. Infosys and Wipro rallied over 4% each to $27.99 and $7.82, respectively. Satyam and Dr.Reddy's moved up over 3.5% each to $1.68 and $8.96, respectively.

 

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First Published: Mar 27 2009 | 8:22 AM IST

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