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Dow ends at 18-month high
This article was posted on Mar 24, 2010 and is filed under Market News
The US markets rallied on Wednesday, with the Dow closing at 10888, stronger by 102 points, Nasdaq ended at 2415, higher by 19 points and S&P shut shop at 1174, up eight points.
The Dow has gained in 10 out of the past 11 sessions and is now, along with S&P, trading at 18-month highs.
The Indian ADRs ended mixed. Patni Computers closed at $24, stronger by $1 or 4.2%, Dr Reddy’s ended at $28, higher by $0.6 or 2.1% and Sterlite shut at $18, up $0.2 or 1.2%.
On the other hand, MTNL ended at $3.2, weaker by 1.2% and ICICI Bank ended at $40, lower by 1%.
Source: Business Standard
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