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Wall St up on rate cut hope; ADRs mixed (Business Standard 30th June 2008) The Wall Street extended gains yesterday on hopes of rate cut in today's FOMC meet. The Dow Jones industrial average moved up 97 points to 12,481. The Nasdaq added eight points to 2,358.Indian ADRs, however, ended on a mixed note. Patni Computers zoomed 5.4% to $14.40. Genpact soared 3.8% to $12.25, and Infosys advanced 1.3% to $40.21. More
Asian markets flat in early trades (Business Standard 30th June 2008)Asian markets are mostly flat in early trades today.The Hang Seng is up eight points at 24,300. The Nikkei has moved up 16 points to 13,494.The Shanghai Composite index has gained 26 points at 4,484. More
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