Indian ADRs: ICICI, HDFC Bank rally 2-3%; IT stocks fall
- Indian ADRs closed mixed on Friday.
- Banking stocks rallied with the ICICI
- Bank rising 3.21 percent to USD 52.16 per ADR
- HDFC Bank gaining 2.05 percent at USD 48.90.
- Technology stocks were under pressure with the Infosys falling 1.38 percent to USD 62.03.
- Wipro losing 0.91 percent to USD 11.95.
- Among others, Tata Motors climbed 1.77 percent to USD 42.50.
- Dr Reddy’s Labs was up 1.67 percent at USD 48.83.
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