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Epic Update:ADRs

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Post  Admin Tue Dec 25, 2012 2:34 pm

Indian ADRs closed lower on Monday following downtrend in US equity markets.
In the technology space,
Infosys fell 1.71 percent to USD 41.94 per ADR and Wipro lost 0.91 percent to USD 8.71.
Among financials,
ICICI Bank was down 0.94 percent to USD 44.21 and HDFC Bank slipped 0.56 percent to USD 40.86.
Among telecom stocks,
MTNL dropped 6.06 percent to USD 0.93 and Tata Communication moved down 0.37 percent to USD 8.01.


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