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Indian ADRs seen under selling pressure; MTNL down 6%
Thursday, October 4, 2007
Indian ADRs were seen in red on Wednesday. All the ADRs loses while Tata Motors was the sole gainer. It gained paltry 0.05% and ended at $ 19.41 while MTNL was the major loser goingdown almost 6% and closed at $ 7.9.
In tech pack, Patni Computers was down 1.43% and ended at $ 22.79, Wipro was down 1.28%, ended at $ 14.66, Satyam was down 0.67% and ended at $ 26.65 while Infosys was down 0.51% and ended at $ 50.6299.
HDFC Bank was down 3.17% and ended at $ 105.86 and ICICI Bank was down 2.23% and ended at $ 54.03. VSNL was down 0.78% and ended at $ 23 and Dr Reddy's Labs was down 1.54% and ended at $ 16.64.
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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.
