The S&P BSE Sensex opened on a cautious note on Wednesday, but managed to rally as much as 117 points in trade, led by gains in ITC, HDFC Bank, ICICI BankBSE 1.69 %, Coal India and L&T.
Reports On Indian ADRs
Indian ADRs ended mostly lower on Tuesday.
In the IT space, Infosys was down 1.17 percent at USD 36.17.
Wipro shed 1.34 points at USD 13.99.
In the banking space, ICICI Bank fell 0.68 percent at USD 11.62.
HDFC Bank gained 0.26 percent at USD 58.56.
In the other sectors, Tata Motors gained 0.66 percent at USD 48.66.
Dr Reddy’s Laboratories was down 0.54 percent at USD 53.86.
Indian Market Highlights
The market continues to remain firm. The Sensex is up 165.44 points at 29260.37 and the Nifty is up 42.95 points at 8848.45. About 1144 shares have advanced, 739 shares declined, and 158 shares are unchanged. Tata Motors, Bharti Airtel, Sesa Sterlite, HUL and Coal India are top gainers in the Senssex. Among the losers are Sun Pharma, BHEL, L&T, NTPC and Infosys.
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