Since oil prices hit a record above $135 barrel last week, investors remain concerned about the effect of soaring fuel costs on inflation and on consumer spending, a key driver of economic growth.
Indian ADRs ended on a positive note. Infosys was up 8.3% and Satyam had advanced 5.8%. Sterlite was up 3% and Tata Communications gained 2.7%. Wipro was up 2.4% and Dr Reddy's surged 2%.
MTNL was down 11% and Genpact 3.3%.
