Nasdaq gains 29pts; MTNL ADR zooms 10%

Wall Street ended higher on Monday. The Dow Jones industrial average moved up 45 points to 13,567. The Nasdaq gained 29 points at 2754.

The Indian ADRs ended on a firm note. MTNL zoomed over 10% to $8.85, and VSNL soared 5.7% to $25.30. Sterlite, Infosys, Satyam, Wipro, Patni Computers, ICICI Bank and HDFC Bank gained 2-5% each.