Monday 11 May 2015

Epic Research Update : Indian ADRs

Epic Research Update : Indian ADRs


Indian ADRs ended higher on Friday.

In the technology space,

Infosys was up 0.4 percent at USD 31.22 and Wipro gained by 0.17 percent to USD 11.71 per ADR.

In banks,

HDFC Bank was up 1.7 percent to USD 57.04 and ICICI Bank added by 0.41 percent to USD 10.72. Among others,

Dr Reddy’s Laboratories was up 1.16 percent at USD 53.02 and Tata Motors gained 2.67 percent to USD 42.63.

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