Indian stocks trading on American bourses added USD 2. 22 billion to their cumulative market capitalisation with private sector lenders -- ICICI Bank and HDFC Bank -- accounting for
Led by private sector lender HDFC Bank Indian stocks trading on American bourses added USD 1. 3 billion to their cumulative market capitalisation past week
Indian stocks trading on American bourses added only USD 986 million to their collective market capitalisation in the past week as seven of them saw their valuation declining.
Indian stocks trading on American bourses added $4 billion to their cumulative market capitalisation in February, with private sector lender ICICI Bank accounting half of the total gains.
ICICI
Indian stocks trading on American bourses added over $ six bn to their cumulative market capitalisation last week, with IT icons-- Infosys Technologies and Wipro --accounting for half of the total gains.
Indian stocks trading on American bourses witnessed a value erosion of nearly USD 3 billion last week.
Indian companies listed on the American bourses notched up handsome gains in 2009 as their aggregate valuation scaled upward by USD 70 billion with stock markets worldwide rallying substantially in the year.
The cumulative valuation of the Indian stocks trading on the American bourses rose by USD 3.1 billion past week, with IT major Wipro emerging as the biggest gainer in terms of market capitalisation.
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