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Indian ADRs end weak

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SI Reporter Mumbai

The Indian ADRs had a weak sesson of trade, in line with the broader US markets. 

The IT counters saw selling pressure. Wipro ended at $21, weaker by $0.7 or 3.5%, Satyam ended at $4.9, lower by $0.1 or 2.7% and Infosys ended at $62, down $1.1 or 1.8%.

Among the banking stocks, ICICI Bank ended at $37, lower by $1.2 or 3.1% and HDFC Bank ended at $151, down $ 3.3 or 2.1%.

MTNL was the only exception. The telecom stock ended at $2.7, higher by 2.2%. 

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First Published: Jun 23 2010 | 8:52 AM IST

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