The US markets ended in the green. The Dow added 115 points to 10,725 and the Nasdaq gained 32 points at 2,320. The S&P 500 was up 14 points at 1,150.
The Indian ADRs were largely positive.
ICICI Bank closed at $38.14, stronger by $1.9 or 5.3%, HDFC Bank shut at $138.6, higher by $9.9 or 7.7% and Wipro ended at $23.2, up $1 or 4.6%. MTNL closed at $3.8, firmer by $0.1 or 3.2% and Sterlite closed at $19.1, up $0.3 or 1.8%.
On the other hand, Dr Reddy's ended lower by 3% at $26.1 and Satyam shed 2.7% at $5.7.