Saturday, 12 July 2014

Indian ADRs Update by Epic Research

Epic Update Indian ADRs

Indian ADRs closed lower on Friday.



Among technology stocks,



Infosys was down 2.57 percent to USD 54.22 per ADR while Wipro gained 0.41 percent to USD 12.17.



In the banking space,



ICICI Bank fell 1.82 percent to USD 47.02 and HDFC Bank slipped 1.13 percent to USD 46.47.



Among others,



Tata Motors declined 0.54 percent to USD 40.60 while Dr Reddy’s Labs rallied 2.03 percent to USD 44.70.



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