INDIAN STOCK MARKET
Indian ADRs ended mixed on Wednesday.
In the banking space, ICICI Bank fell 1.54 percent at USD 12.78.
HDFC Bank dipped 2.31 percent at USD 60.57.
In the IT space, Infosys remained unchanged at USD 35.14.
Wipro gained 1.85 percent at USD 13.22.
In the other sectors, Tata Motors declined 1.26 percent at USD 50.02.
Dr Reddy’s Laboratories was up 0.85 percent at USD 52.45.

Market Highlights
Dalal Street traders mounted bullish bets on the Nifty on Wednesday even as Sensex lost steam during its march to the psychologically crucial 30000 mark. The benchmark index rose to an all time high of 29786 earlier in the day but collapsed amid speculation that institutional investors were selling ahead of some large share sales. Open interest, or outstanding positions, in Nifty futures rose to 3.16 crore, the highest in a year.

Coal India shares declined as much as 5.2 per cent on Thursday, a day after the government scheduled a 10 per cent stake sale in the coal miner on Friday. The floor price for Coal India share sale will be announced after stock markets close today.

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