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Rate cut hopes lift Wall St; ADRs mixed (Business Standard 29th Jan 2008)The Wall Street rallied yesterday on hopes of a rate cut this week. The Dow Jones industrial average surged 177 points to 12,384. The Nasdaq gained 24 points at 2,350.Indian ADRs ended on a mixed note. Patni Computers and Dr.Reddy's plunged nearly 4% each to $13.66 and $14.37, respectively. Sterlite and Satyam dropped over 1% each to $20.28 and $25.04, respectively. More

Asian markets in green; Nikkei up 241pts (Business Standard 29th Jan 2008)Asian markets are in positive zone this morning.The Hang Seng has rallied 453 points to 24,506. The Nikkei has surged 241 points to 13,329.The Shanghai Composite index has gained 53 points at 4,473. More
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