Wall St drops, Indian ADRs slide

The Dow Jones industrial average dropped 120 points to 10,925. The Nasdaq plunged 33 points to 2100.

Indian ADRs largely finished with losses yesterday. MTNL tumbled nearly 4% to $6.45. HDFC Bank shed 3% to $49.44. ICICI Bank slipped 2.2% to $22.53. Patni Computers, Satyam and Wipro were down over 1% each. VSNL, however, surged 3.7% to $16.12.