Indian ADRs: ICICI Bank up 10%, Tata Motors gains 15%

Indian ADRs ended higher. In the banking space, ICICI Bank gained at 10.27% at USD 16.75/share and HDFC Bank was up 6.73%, to USD 69.5. In the telecom pack, MTNL closed 3.89% higher at USD 2.94 and Tata Communication went up 2.87%, to USD 24.02. Among the technology stocks, Infosys Technologies closed 2.8% higher at USD 29.72 and Satyam was up 8.16%, to settle at USD 2.65. Patni Computer shut shop at USD 6.6, up 3.12%. However, Wipro ended 0.45% lower at USD 8.85. Among other stocks, Dr Reddys Labs was up 3.09%, to USD 10.68 and Sterlite Industries went up 7.36%, to USD 8.17. Tata Motors went up 15.06%, to USD 7.64.