Investing
Indian ADR's Unphased By Terror Attacks (INFY, IBN, REDF, SAY, SLT, TTM, WIT)
Published:
Last Updated:
Fresh attacks that appear to be targeted against foreigners in Mumbai, India have failed to thwart a market rally today even in Indian stocks. Reports have foreigners being taken hostage at premiere hotels frequented by the wealthy and by business travelers and some 60 deaths have been reported. Interestingly enough, this has also failed to take out the wind of the Indian ETF’s and Indian ADR’s which are actively traded here in the US. Stock Moves in ADR’s:
- Infosys Technologies Ltd. (NASDAQ: INFY) up 6.3% at $24.61
- ICICI Bank (NYSE: IBN) down 2.7% at $13.26 (had been up before)
- Rediff.com India Ltd. (NASDAQ: REDF) up 5.6% at $2.06
- Satyam Computer Services (NYSE: SAY) up over 3% at $12.78
- Sterlite Industries (NYSE: SLT) up 7% at $4.80
- Tata Motors (NYSE: TTM) down 2.3% at $4.59 (was down most of day)
- Wipro Ltd. (NYSE: WIT) up 4.3% at $7.48
We also added in an after-report list to the ETF’s and closed-end funds we track to show a broad interest as well.
Jon C. Ogg
November 26, 2008
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
