Monday 3 November 2014

Epic Research Update : Indian ADRs

Epic Update Indian ADRs





Indian ADRs were mixed in Monday’s trade.



Among technology stocks,



Infosys rose 0.21 percent to USD 67 and Wipro climbed 1.56 percent to USD 12.39 per ADR.



In the banking space,



ICICI Bank was unchanged at USD 56.36 while HDFC Bank advanced 0.06 percent to USD 52.46.



Among others,



Tata Motors fell USD 2.59 percent to USD 45.88 following weak October auto sales data.



Dr Reddy’s Laboratories declined 0.31 percent to USD 52.13.



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