Indian global depository receipts (GDRs) traded flat till mid-trading session on Wednesday in London. Also, stocks on the Wall Street edged up in early trades ahead of retail sales data.
However, shares of chip gear heavyweight, Applied Materials, fell after it posted disappointing results. Meanwhile, key Asian markets including Japan and Taiwan settled higher, but Hong Kong, Seoul fell.
The Instanex Skindia DR Index (ISDI), which tracks 15 actively-traded Indian depository receipts, remained more or less unchanged at 478.66 till mid-trading session.
GDR of Reliance Industries rose 0.90 per cent to $11.15. Larsen & Toubro surged 0.58 per cent to $8.60, State Bank of India gained 0.38 per cent to $15.96 and Ranbaxy Laboratories added 0.13 per cent to $14.90.
However, Hindalco shed 0.75 per cent to $13.15 and Bajaj Auto eased down 0.10 per cent to $10.17. ITC remained unchanged at $14.30.
Meanwhile, most Indian securities listed on the US exchanges settled firm on Tuesday. Infy, the Infosys Tech ADR surged 12 cents to $41.50. Say, the Satyam Computer ADR rose 4 cents to $8.28.
But Wit, the Wipro ADR, dropped 33 cents to $20.86. Sify, the Satyam Infoway ADR shed 20 cents to $7.15.
IBN, the ICICI bank ADR fell 17 cents to $5.90 and HDB, the HDFC Bank ADR eased 24 cents to $16.56.
While, MTE, the MTNL ADR, rose 8 cents to $4.26 on reports back home that the telecom service provider is looking towards inorganic growth through acquisitions.
Meanwhile, the Dow Jones industrial average slipped 47.48 points to 8679.25, while the Nasdaq composite shed 1.72 points at 1,539.68 and the S&P 500 eased 2.81 points to 942.30.
Elsewhere, Tokyo
