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covering exciting investing ideas and opportunities in India.
Global Depository Receipt, or a GDR is a negotiable financial instrument that is issued by a foreign bank other than the United States. It represents securities of a foreign company listed in any country’s share market other than the United States.
These receipts are financial instruments just like shares but traded in global markets.
Consider GDR as the global equivalent of an American Depositary Receipt (ADR).
This financial instrument represents shares in a foreign company, such as a foreign branch of an international bank.
GDRs are traded by investors in several markets. These markets, as the name suggests, are used to provide the trade of long-term debt instruments and for generating capital.
In an international market, the transactions involving GDRs have lower associated costs as compared to other trade options for foreign securities.
A handful of Indian companies have GDRs. These companies include Reliance Industries, M&M, State Bank of India, Axis Bank, GAIL, among others.
How these GDRs traded the previous day could give clues about the opening levels of these companies in India.
Jun 14, 2023
Specialty chemical companies are seeing strong demand. Check out the latest developments and the stocks that are positioned to do well.
Sep 19, 2022
Has India decoupled from the global markets, especially the US?
Jul 22, 2022
Global markets have become volatile, sending chills through the crude oil market.
Jun 17, 2021
This is why the words of the US Fed matters to global markets.
Feb 11, 2017
Is skepticism about the management a golden opportunity to buy cash rich stocks like Infosys?
Apr 10, 2023
This company is dominating its rivals right now and has positioned itself so well that you'll look back in a decade and wonder why you didn't see the makings of a giant earlier.
Aug 8, 2022
Is a new all-time high coming to a stock market?
Feb 24, 2022
Amid a massive selloff across the global markets, new age tech stocks have been hammered. Is this the right time to invest?
Jun 2, 2021
With only buyers in the market, Paytm's unlisted shares zoom 80% in 5 days.
Sep 7, 2006
After touching historic lows in the late 1990s, the oil-refining sector has seen a significant increase in gross refining margins (GRMs) owing to two factors. One, hardening of crude prices and secondly, a favorable demand- supply equation in the global markets. As compared to GRMs in the range of US$ 1.0 to US$ 1.5 per barrel in late 1990s, GRMs crossed US$ 10 per barrel at one stage. Though margins have softened in the recent past, it is still substantially higher than the average of the last