Epic Research Update : Indian ADRs

Indian ADRs closed on a positive note on Friday.

Tata Motors was the biggest gainer, rising 3.96 percent to USD 32.27 per ADR while Dr Reddy’s Labs climbed 0.55 percent to USD 42.25.

In the technology space,

Infosys rose 1.58 percent to USD 59.30 and Wipro was up 0.62 percent at USD 12.97.

Among banks,

ICICI Bank advanced 0.6 percent to USD 33.51 and HDFC Bank soared 0.73 percent to USD 32.97.

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Posted in: Indian Market Tips