The general mood in the Indian GDR market during the mid-session on Tuesday was up despite the domestic bourses closing lower due to various rumours doing the rounds in the market. During mid-session, the Skindia GDR Index was up 2.73 per cent at 702.73 points over its Friday's close.The UK market's upbeat mood had a positive effect on the Indian GDR market. ICICI GDR gained by 0.28 per cent to trade at $ 8.83 which also gained 7.47 per cent to Rs 66.20 on NSE, the top gainer on the bourse.
Among others in the GDR list, Ranbaxy gained 8.15 per cent and was trading at $14.60. Interestingly, despite the pharma scrips taking a beating on the domestic boures, the Ranbaxy scrip gained marginally to close at Rs 640.25 on NSE. Reliance was up 3.77 per cent and trading at $8.95, SBI was up 4.51 per cent at $11.
Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.
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