GLOBAL MARKETS ROUNDUP
Large-cap IT stocks such as Infosys and Tata Consultancy Services seen rising.Global rival Accenture PLC raises revenue forecast for third time.This bodes well for Indian IT players as they will be key beneficiaries of sustainable demand, given cost pressures faced by clients particularly in Europe

INDIAN ADR’S NEWS

• Indian ADRs ended mixed on Thursday.
• In the banking space, ICICI Bank was up by 0.05 percent at USD 10.52.
• HDFC Bank jumped by 1.71 percent to USD 61.57 per ADR.
• In technology space, Infosys dipped 15.39 percent to USD 16.13.
• Wipro added 0.11 percent at USD 12.17.
• Tata Motors was down by 0.01 percent to USD 34.98.
• Dr Reddy’s Laboratories fell by 1.07 percent to USD 54.91.

The market has opened flat on a fresh start of July F&O series today. The Sensex is up 0.03 points at 27896.00, and the Nifty is down 4.05 points at 8393.95. About 245 shares have advanced, 188 shares declined, and 65 shares are unchanged.

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