Business IdeasUS markets end flat; Indian ADRs surge
US markets ended flat on Tuesday.
- JSW Steel zooms on robust growth in steel prod - Novartis gains on plans of Alcon buy - Markets gain for the third straight day - Sensex ends up 114pts - Sensex off day"s high; metal index up 3% - Sensex firm; Hindalco up 5%
The Dow Jones slipped 12 points to 10,572. The Nasdaq ended unchanged at 2,309.
Indian ADRs were in the green. MTNL soared 11% to $3.65.
Tata Communications rallied 6% to $15.8. Satyam shares surged 5% to $5.03.
Wipro gained 3% to $23.28. Sterlite was up 2.2% to $19.77.
Dr Reddy"s, ICICI Bank, Genpact and Patni Computers added around 1% each.