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Indian ADR's were seen under tremendous pressure; ICICI Bank, HDFC Bank and VSNL were the major loosers
Friday, August 10, 2007
Indian ADR's were seen under tremendous pressure, Infosys, Satyam, ICICI Bank, HDFC Bank and VSNL were the major looser.
In the technology pack, Patni Computers was down 2.84% at 20.84, Infosys Technologies was down by 3.84% at 49.30, Satyam Computers was down 3.26% at 27.03, Wipro was down 2.3% at 14.03.
In the non-tech pack, ICICI Bank was down 5.99 % at 41.60, HDFC Bank was down 6.01% at 82.71, MTNL was down 4.88% at 7.02, VSNL was down 5.34% at 20.90, Dr Reddy's Lab was up 0.38% at 15.86, Sterlite Industries was down 3.74% at 15.18 and Tata Motors also remained down 1.8% at 16.38.
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Investment in equity shares has its own risks. Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that we consider reliable. I, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and I am not responsible for any loss incurred based upon it.& take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations given in this blog.
