Epic Research Update : Indian ADRs

Indian ADRs closed mixed on Friday.

Banking stocks rallied with the ICICI Bank rising 3.21 percent to USD 52.16 per ADR and HDFC Bank gaining 2.05 percent at USD 48.90.

However,

technology stocks were under pressure with the Infosys falling 1.38 percent to USD 62.03 and Wipro losing 0.91 percent to USD 11.95.

Among others,

Tata Motors climbed 1.77 percent to USD 42.50 and Dr Reddy’s Labs was up 1.67 percent at USD 48.83.
 
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Today Indian ADR's

Indian ADRs ended mostly lower on Tuesday.
In the banking space, ICICI Bank declined 3.89 percent at USD 57.75.
HDFC Bank shed 5.36 percent at USD 51.38.
In the IT space, Infosys was down 1.16 percent at USD 68.85.
Wipro was up 0.79 percent at USD 12.78.
In the other sectors, Tata Motors fell 0.82 percent at USD 46.09.
Dr Reddy%u2019s Laboratories gained 0.72 percent at USD 57.51.
 
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