Indian ADRs end higher
Indian ADRs end higher American stocks ended on a high note on Friday (September 21), as investors drew confidence from strong results at Oracle and a continued sense that lower interest rates should help bolster the economy. Oracle reported that quarterly profits had risen by 25% as sales grew at their fastest rate in seven years. The Dow Jones industrial average rose 53.49, or 0.39%, to 13,820.19, while the Nasdaq composite index rose 16.93, or 0.64%, to 2,671.22. Indian ADRs also had a good day prior to the weekend with most of them registering gains barring a few like Infosys which declined 0.85% to USD 46.62, Satyam declined 0.08% to USD 24.74 and Dr Reddy`s declined 0.31% to USD 16.05.
Gainers
| Company | USD | % Change |
| Cognizant | 75.87 | 3.35 |
| ICICI Bank | 50.00 | 3.52 |
| Strelite | 17.76 | 3.86 |
| Tata Motors | 18.23 | 1.96 |
| Wipro | 13.90 | 0.51 |
| HDFC Bank | 100.99 | 2.83 |
| MTNL | 7.85 | 2.48 |
| VSNL | 21.30 | 1.53 |
| MS India | 48.88 | 2.22 |
| Rediff | 15.84 | 0.57 |
