GLOBAL MARKETS ROUNDUP
The S&P BSE Sensex surged over 200 points in morning trade on Wednesday after the US Federal Reserve chairperson suggested that the central bank should move cautiously on raising interest rates.The rally in the index was led by gains in ICICI Bank, RIL, Sun Pharma, Tata Motors, and ITC.

The market rebounded on Wednesday after a sell-off in previous two consecutive sessions, tracking positive global cues post Federal Reserve Chairperson Janet Yellen's comments. The 30-share BSE Sensex rose 208.93 points to 25109.39 and the 50-share NSE Nifty climbed 63.25 points to 7660.25. The market breadth was also strong as about 844 shares advanced against 138 declining shares on BSE.

Indian ADRs News
• Indian ADRs ended mostly higher on Tuesday.
• In the IT space, Infosys was down 0.06 percent at USD 18.69.
• Wipro was up 0.09 percent at USD 12.40.
• In the banking space, ICICI Bank rose 0.19 percent at USD 6.84.
• HDFC Bank gained 0.75 percent at USD 59.16.
• In the other sectors, Tata Motors added 1.36 percent at USD 28.67.
• Dr Reddy’s Laboratories shed 0.42 percent at USD 44.43.

The broader markets were broadly in-line with the benchmark indices. The BSE mid-cap index was up 0.86 per cent and the small-cap index advanced over 1 per cent.J P Associates was the top gainer from the mid-cap space, up 4 per cent to Rs. 7.27. Blue Dart, Cadila Healthcare, Piramal Enterprises, Shriram Transport Finance, Oberoi Realty, UPL, Indiabulls Housing Finance and Adani Power were also among the gainers, up 2-2.85 per cent each.

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