US markets end +ve; Patni Computers surges 7%

US stocks advanced on Thursday, snapping a four-day losing streak, after stronger-than-expected retail sales data removed concerns about the economy.

The Dow Jones industrial average was up 64 points (0.69%) at 9,344. The Nasdaq Composite Index was up 16 points (0.82%)at 1,983.

The Indian ADRs have ended on a positive note. Patni Computers soared 7% to $18.05. ICICI Bank and Tata Motors have added over 1% each to $ 29.85 and $11.71, respectively.

Genpact slipped 1% to $12.06 and Tata Communications was down 0.65% at $19.77.