Business Standard

Dow gains 172pts; ADRs end mixed

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BS Reporter Mumbai

The Wall Street plunged yet again amid fears of a deeper recession in the US. The Dow Industrial Average index rallied 172 points to 8,691. The Nasdaq was down 12 points at 1,604.

The Indian ADRs ended on a mixed note. Tata Communications zoomed 10% to $18.45, and MTNL soared 9% to $3.16. HDFC Bank rallied over 4% to $60.54. Infosys and ICICI Bank advanced nearly 2% each to $25.86 and $14.39, respectively.

On the other hand, Tata Motors tumbled 10% to $4.35. Wipro plunged over 4% to $7.19, and Sterlite slipped over 2% to $4.82.

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First Published: Oct 24 2008 | 9:13 AM IST

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