Wednesday 25 May 2016

Indian ADRs: ICICI Bank gains 5%, Dr Reddy’s Lab up 2%

Epic Research Update : Indian ADRsEpic Research Update : Indian ADRs

Indian ADRs ended higher on Wednesday.

In the IT space,

Infosys was up 1.18 percent at USD 18.81 and Wipro rose 1 percent at USD 12.12.

In the banking space,

ICICI Bank advanced 4.90 percent at USD 7.06 and HDFC Bank added 1.64 percent at USD 64.53.

In the other sectors,

Tata Motors rose 2.30 percent at USD 29.82 and Dr Reddy’s Laboratories gained 2.06 percent at USD 45.63.

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