Business Standard

Indian ADRs end mostly lower

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SI Reporter Mumbai

Most of the Indian ADRs ended on a negative note shrugging off positive closing on Wall Street.

Indian IT ADRs logged losses, Wipro fell 3.4%, Genpact declined 0.4%, TCS was off 3.8%, and Infosys declined 2.7%.

From the auto pack Tata Motors edged down 1.2%. Among the healthcare space, Dr Reddy's was up 0.1%.

Banking ADRs ended mixed, HDFC was down 1.8% and ICICI Bank ended flat at $49,89, up 0.2%.

India's Telephone service provider MTNL ADR dipped 4.5% and from the metal pack, Sterlite Industries was off 0.1%.

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First Published: Apr 29 2011 | 9:00 AM IST

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