MARKET HIGHLIGHTS:
Indian ADRs ended mostly lower on Wednesday.
In the IT space, Wipro shed 0.51 percent at USD 11.74.
Infosys rose 2.02 percent at USD 64.
In the banking space, ICICI Bank declined 1.8 percent at USD 55
HDFC Bank tumbled 1.35 percent at USD 50.40.
In the other sectors, Tata Motors slipped 1.61 percent at USD 45.86.
Dr Reddy’s Laboratories was unchanged at 50.72.
Market Status:
Shares in India's Raymond Ltd fall 3.7 percent. The company reported a 26 percent fall in its September quarter net profit. Traders say investors took the opportunity to book profits after the stock surged 67 percent so far this year.
The Nifty has hit 8100 on October F&O expiry day. The 50-share index is up 10.45 points at 8100.90. The Sensex is up 40.25 points at 27138.42. About 581 shares have advanced, 257 shares declined, and 34 shares are unchanged. Dr Reddy's Labs, Infosys, GAIL, HDFC and Wipro are top gainers in the Sensex. Among the losers are BHEL, Tata Motors, Sesa Sterlite, Hindalco and NTPC.Realty stocks are in focus with Sobha Developer, Prestige Estate and DLF as big gainers.
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