Dow ends above 13K; ADRs shine

The US markets rallied to higher levels backed by strong corporate earnings. The Dow Jones industrial average scaled a all-time high of 13,107, before settling at a record 13,090 - up 136 points. The Nasdaq surged 23 points to 2548.

Indian ADRs ended on a smart note. HDFC Bank soared nearly 3% to $74.92, and ICICI Bank surged 2.6% to $46.52. VSNL, Infosys, Satyam, Wipro and Dr.Reddy's advanced around 1-2% each to $21.47, $53.59, $25.38, $16.49 and $17.40, respectively.

On the other hand, Patni Computers plunged 3.7% to $25.50, and MTNL slipped 1% to $7.14.