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Monday, 3 March 2014

Indian ADRs Report

  • Indian ADRs saw selling pressure on Friday.
  • Among technology stocks, Wipro declined 2.68 percent to USD 13.80 per ADR while Infosys was unchanged at USD 61.67.
  • In the banking space, private sector lender ICICI Bank climbed 1.22 percent to USD 35.68, but its rival HDFC Bank was down 0.06 percent to USD 33.59.
  • Among others, commercial vehicle maker Tata Motors slipped 0.49 percent to USD 34.88
  • healthcare company Dr Reddy’s Labs dropped 3.61 percent to USD 45.90.


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