Thursday's Asia ADR Recap: China Unicom

India's Sensex Index recaptured the 15,000 level during an extremely volatile trading session Thursday. The Sensex fell 437 points in early trading hitting 14,747.99, before mounting an amazing comeback following the release of industrial data. India's industrial output, which is measured by the Index of Industrial Production, jumped 7% in April, vs. 3.9% for March and manufacturing production gained 7.5% in April, vs. 2.9% in March.

"The stocks were oversold which triggered a counter rally later in the day, while better than expected IIP figures also provided a slight positive push," said Rajesh Jain, vice president of SMC Global.

The Bombay Stock Exchange's Sensex Index traded up 65 points, or 0.43%, to 15,250.85. Here's a look at how some India-based American depositary shares traded in the U.S. on Thursday.

According to Bloomberg, India's third biggest software service company, Wipro(WIT Quote), is bidding for 12 contracts worth around $100 million each in an effort to compete with Indian information technology heavyweights Infosys Technologies(INFY Quote) and Tata Consultancy Services. American depositary shares of Wipro, which trade on the NYSE, jumped 4.4% to $13.25 and American depositary shares of Infosys rose 3.4% to $46.43.

Rediff.com(REDF Quote), an Indian online provider of news, information, communication, entertainment and shopping services, has launched a toolbar for Firefox 3 a leading Internet Web browser. The new toolbar will assist users in searching the Web for jobs, products, images, videos, ringtones and languages. The company's toolbar will also allow users to view updated news on business, sports and movies and allow users to access company products like instant messenger. Shares of Rediff finished essentially flat at $6.86.