Epic Research Update : Indian ADRs

Indian ADRs ended mostly higher on Monday.  In the banking space ICICI Bank jumped 0.62 percent at USD 32.30 and HDFC Bank added 0.96 percent at USD 32.61.  In the IT space Infosys was down 0.26 percent at USD 57.52 and Wipro gained was unchanged at 12.85.  In the other sectors Tata Motors advanced 5.62 percent at USD 30.62 and Dr Reddys Laboratories was up 0.4 percent at USD 43.15.

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