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Monday, 19 May 2014

Today Indian ADRs: ICICI soars 10% & HDFC Bank up 6%, Infy slips

  • Indian ADRs closed mixed on Friday.
  • In the banking space, ICICI Bank shot up 10.01 percent to USD 51.01 per ADR.
  • Its rival HDFC Bank jumped 6.11 percent to USD 46.18.
  • Among others, Tata Motors gained 2.7 percent to USD 40.68.
  • whereas Dr Reddy’s Laboratories lost 0.25 percent to USD 40.66.
  • In the technology space, Infosys declined 1.04 percent to USD 53.20.
  • Wipro slipped 1.19 percent to USD 11.60.

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