Wipro ADR Continues To Decline For Ninth Straight Trading Session


Wipro ADR continued to decline for ninth straight trading day on Friday.

Indian ADRs closed mostly lower during the trading hours of June 16.

In the IT sector, Infosys closed lower by 2.65% at USD 14.67; while Wipro closed lower for the ninth consecutive trading session by 2.39% at USD 9.82.

In the banking sector, ICICI Bank closed lower by 0.1% at USD 9.77; and HDFC Bank closed lower by 0.11% at USD 88.61.

In the other sectors, Tata Motors closed higher by 0.2% at USD 34.88; and Dr Reddy’s Laboratories closed lower by 0.6% at USD 41.66.

The Dow Jones Industrial Average closed up 24 points at a record 21,384. The S&P 500 closed almost flat to finish at 2,433. The Nasdaq Composite Index slipped 13 points to close at 6,151.

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