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Wall St rallies; Indian ADRs end mixed

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BS Reporter Mumbai

Wall Street rallied on Monday with the major indices gaining over 2% each. The Dow Jones Industrial Average surged 2.3% (185 points) to 8,332. The Nasdaq advanced over 2% (37 points) to 1,793.

Indian ADRs, however, ended on a mixed note. ICICI Bank rallied 4.8% to $27.29. Sterlite gained 3.5% at $11.90. Genpact and HDFC Bank moved up over 2% each to $11.67 and $93.92, respectively.

On the other hand, Satyam shed 3.7% at $3.65. Wipro and Dr.Reddy's tumbled over 2% each to $11.22 and $15.67, respectively. MTNL and Tata Communications were down around 1.5% each.

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First Published: Jul 14 2009 | 9:02 AM IST

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