Epic Research Update : Indian ADRs

Indian ADRs closed higher on Thursday.

Among banks,

ICICI Bank climbed 3.01 percent to USD 44.52 per ADR and its rival HDFC Bank was up 1.29 percent to USD 40.77.

In the technology space,

Infosys advanced 0.57 percent to USD 52.88 while Wipro fell 0.73 percent to USD 13.61.

Among others,

Tata Motors rose 0.29 percent to USD 37.45 and Dr Reddy’s Laboratories was unchanged at USD 42.15.

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Posted in: Indian Market Tips