Saturday 15 March 2014

Epic Research Update : Indian ADRs



Indian ADRs closed higher on Friday.



Among banks



HDFC Bank climbed 1.23 percent to USD 38 per ADR and ICICI Bank gained 0.25 percent to USD 40.48.



In the technology space



Infosys rose 0.83 percent to USD 54.95 while rival Wipro fell 1.3 percent to USD 12.86.



Among others



Tata Motors advanced 0.68 percent to USD 32.70 and Dr Reddy’s Labs surged 2 percent to USD 45.52.



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