Business IdeasUS markets ends higher on strong retail news
US markets rose in light volume on Friday to achieve a second straight week of gains as strong retail news reinforced hopes for strong sales in the holiday season.
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The Dow Jones industrial average added 73 points, to end at 10,270.47.The Nasdaq Composite Index rose 19 points to close 2,167.
The Indian ADRs ended on a positive note. Patni Computers advanced 3% to $21.85 and HDFC Bank soared 2.5% to $132.08, respectively.
MTNL and ICICI Bank ended flat at $37.97 and $38.88, respectively.
Genpact on the other hand was marginally down at $13.75.