L&T, Hindalco, GDRs up

ADR/GDR Report

 The major gainers were L&T (up 7.30 per cent to $16.60) registering volumes of 124,000 GDRs, followed by Hindalco (up 6.19 per cent to $24) registering volumes of 17,000 GDRs and State Bank of India (up 5.28 per cent to $29.90) registering volumes of 77,925 GDRs. The only loser was Bajaj Auto (down 0.53 per cent to $18.85) with volumes of 11,500 GDRs.

 On October 09, 2003, seven of the eight ISDI American Depository Receipts advanced. The majors gainers were MTNL (up 7.26 per cent to $5.69), Dr. Reddy