Indian ADRs end higher; ICICI Bank, Infosys slip

India Infoline News Service | Mumbai | October 23, 2017 08:46 IST

Indian ADRs ended on a positive note reflecting a positive trade in the US markets. Dr. Reddy's Laboratories, Azure Power, HDFC Bank, Tata Motors, Vedanta, Wipro, WNS (Holdings) and Yatra Online were among the gainers.

The American Depository receipts of most of the Indian Companies had ended on a higher note on Friday. 

This reflected a positive trade in the US Markets as the benchmark indices peaked and touched their record highs.

Among the top gainers were the ADRs of Dr. Reddy's Laboratories, Azure Power, HDFC Bank, Tata Motors, Vedanta, Wipro, WNS (Holdings) and Yatra Online, which gained in a range of 0.3-2.6%.

However, ADRs of  ICICI Bank, Infosys, MakeMyTrip, Sify, and Videocon d2h showed a downward trend, ending 0.1 to 1.3% lower.
 

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