Indian ADRs-Sai Proficient

Indian ADRs ended lower on Wednesday.

In the banking space,

ICICI Bank was down 0.20 percent at USD 9.85 and HDFC Bank declined 0.97 percent at USD 101.34.

In the IT space,

Infosys shed 0.86 percent at USD 16.15 and Wipro fell 0.70 percent at USD 5.67.

In the other sectors,

Tata Motors slipped 1.14 percent at USD 33.93 and Dr Reddy’s Laboratories declined 1.81 percent at USD 37.40.

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Market Live: Sensex breaks 33,000 amid caution ahead of Gujarat exit polls-Sai Proficient

Equity benchmarks extended losses in late morning deals as the Sensex was down 92.85 points at 32,960.19 amid caution ahead of exit polls of Gujarat assembly later today.

The 50-share NSE Nifty was down 29.90 points at 10,163.10.

About two shares declined for every share rising on the BSE.

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Sensex opens in the red, Nifty gives up 10,300 DRL up 4%-Sai Proficient

Frontline indices continued to trade lower, with the Sensex down over 100 points, while the Nifty was firmly below 10,300-mark.

The Sensex is down 112.54 points or 0.34% at 33343.25, and the Nifty down 46.10 points or 0.45% at 10276.20. The market breadth is negative as 987 shares have advanced, 1174 shares declined, and 104 shares are unchanged.

Dr Reddy’s Laboratories shares rallied as much as 6 percent in morning Tuesday on getting clearance to Bachupally plant.

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US Market Update-Sai Proficient

Wall Street stocks dropped on Thursday, weighed down by losses in Microsoft and other technology issues, as investors turned their attention to a US Senate Republican plan that would delay expected corporate tax cuts.

The Dow Jones Industrial Average lost 0.43 percent to end at 23,461.94, while the S&P 500 declined 0.38 percent to 2,584.62.

The Nasdaq Composite dropped 0.58 percent to 6,750.05.

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