Wall ended with sharp gains on Monday as investors moped up beaten down shares as the US governmnet pledged to infuse more cash into struggling banks. The Dow Industrial Average index zoomed over 11% to 8,451 (up 936 points). The Nasdaq soared nearly 12% to 1,844 (up 195 points).
The Indian ADRs too ended with huge gains. Wipro skyrocketed almost 40% to $9.26. ICICI Bank and Tata Communications zoomed nearly 30% each to $18 and $22, respectively. Infosys soared 23% to $29.51. Sterlite, Satyam and HDFC Bank rallied nearly 20% each.
