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US stocks end mixed

Friday, October 19, 2007

Wall Street ended mixed yesterday but remained uneasy after disappointing results from Bank of America Corp. provided further evidence that the credit crisis is hurting the economy.

The Dow slipped 3.58 points, or 0.03%, to 13,888.96.

The Standard & Poor's index fell 1.16 points, or 0.08%, to 1,540.08. The technology-heavy Nasdaq composite Index added 6.64 points, or 0.24%, to 2,799.31.

Oil prices continued their advance amid further tensions between Turkey and Kurdish rebels in Northern Iraq. Light, sweet crude rose USD 2.07 to settle at a record USD 89.47 a barrel on the New York Mercantile Exchange.

Indian ADRs: Sterlite up 5%, VSNL gains 3.4%

Amongst Indian ADRs, Sterlite Industries, Dr Reddy's Labs, VSNL, MTNL and WIpro gained while ICICI Bank and Patni lost ground.

Wall Street ended mixed yesterday but remained uneasy after disappointing results from Bank of America Corp. provided further evidence that the credit crisis is hurting the economy.

The Dow slipped 3.58 points, or 0.03%, to 13,888.96.

The Standard & Poor's index fell 1.16 points, or 0.08%, to 1,540.08. The technology-heavy Nasdaq composite Index added 6.64 points, or 0.24%, to 2,799.31.

A look at how the Indian ADRs performed:

Name
Infosys
Sify
Rediff.com India
Satyam
Wipro
ICICI Bank
HDFC Bank
MTNL
VSNL
Dr Reddy's Lab
Tata Motors
Patni Computer

Sterlite Ind

Symbol
INFY
SIFY
REDF
SAY
WIT
IBN
HDB
MTE
VSL
RDY
TTM
PTI

SLT

Price

49.50
8.32
17.05
26.82
15.59
54.00
107.78
8.50
25.83
15.96
19.74
22.13
22.13

Change
0.11
-0.12
-0.21
0.02
0.41
-0.72
-0.47
0.16
0.84
0.46
-0.08
-0.27
1.03

Change%

0.22%
-1.42%
-1.22%
0.07%
2.70%
-1.32%
-0.43%
1.92%
3.36%
2.97%
-0.40%
-1.21%
4.88%

Volume
2,349,999
237,483
198,458
816,900
430,400
3,461,750
535,500
345,400
146,700
415,200
1,090,600
128,300
2,111,600

High
49.97
8.55
17.48
27.07
15.62
54.31
108.83
8.54
26.14
16.00
19.77
23.08
22.23

Low
48.83
8.26
16.84
26.01
15.00
51.54
103.4
8.16
24.44
15.47
19.25
21.65
21.00


Posted by FR at 9:24 AM  

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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.