Indian ADRs perk up

The Dow Jones industrial average slipped 30 points to 10,989. The Nasdaq was down two points at 2121.

Indian ADRs moved up smartly. Satyam surged over 3% to $33.25. Dr.Reddy's spurted over 2% to $27.53. Tata Motors, HDFC Bank, MTNL and VSNL were up 1-2% each.