Wall St drops, Indian ADRs slide

The Wall Street slipped on Thursday on disappointing forecast by Intel. The Dow Jones industrial average shed 83 points to 10,928. The Nasdaq slumped 41 points to 2039.

The Indian ADRs ended in a sea of red. Infosys, Satyam and Wipro plunged over 3.5% each to $39.05, $30.83 and $11.56, respectively. Tata Motors, Patni Computers, ICICI Bank, HDFC Bank, Dr.Reddy's and VSNL declined 2-3% each.