Indian equity markets were closed Monday for a holiday. Here's how some India-based American depositary shares traded in the U.S.
Shares of Indian mining company Sterlite (SLT Quote) surged 2.8% Monday. On CNBC's "Stop Trading!" segment Friday, Jim Cramer touted the stock as a buy, saying Sterlite will benefit from China's demand for zinc, copper and aluminum. American depositary shares of Sterlite, which trade on the NYSE, closed up 61 cents at $22.43 on heavy volume.
Harman International (HAR Quote) announced it has inked a deal with Wipro Technologies to transfer responsibility for Harman's information technology (IT) infrastructure to Wipro (WIT Quote). Under the terms of the deal, Wipro will provide support for help desk operations and administration of desktop systems, servers and networking services for Harman's IT operations in 10 countries including America, Europe and Asia. Shares of Wipro traded up 1.3% to $13.42. ...
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