ITC GDR up 1%

ADR/GDR ROUND-UP

The Instanex Skindia DR Index (ISDI) was down 0.88 per cent to 1421.77 in the morning trades. Among ISDI GDR stocks, one advanced, three remain unchanged and three lost ground.

The only gainer was-ITC, up 1.05 per cent to $38.40. The major losers were-Ranbaxy, down 1.28 per cent to $11, Hindalco, down 0.34 per cent to $29.30 and Reliance, down 0.28 per cent to $32.24.

Among the ISDI ADRs, Dr Reddy's, up 2.06 per cent to $19.30, VSNL, up 1.28 per cent to $19.85 and Satyam Computer, up 0.24 per cent to $28.65. The major losers were-MTNL, down 5.06 per cent to $7.50, ICICI Bank, down 3.82 per cent to $25.40 and Wipro, down 0.98 per cent to $20.20.

The Instanex Skindia DR Index was down 0.92 per cent to 1421.54 and was trading at a P/E of 21.99.