Select Indian ADRs shine

The Indian ADRs had a complete mixed day yesterday on Wall Street. Select ADRs like Wipro, ICICI Bank and HDFC Bank posted smart gains in the range of 2-4% each.

ICICI Bank ADR surged 3.7% to $54.50. HDFC Bank rallied over 3% to $178.59, and Wipro jumped over 2% to $14.57.

Most of the other ADRs - Infosys, Sterlite, Patni Computers and Dr.Reddy's mostly ended on a falt note.

Genpact, however, slumped 4% to $15.27.