Wall St flat; ADRs drop

The Wall Street ended flat. While the Dow Jones industrial average slipped seven points to 12,417, the Nasdaq was up six points at 2444.

All Indian ADRs ended in negative zone. Satyam dropped 2.5% to $23.09. MTNL slipped over 2% to $6.77. ICICI Bank, HDFC Bank, Tata Motors and Dr.Reddy's were down around 1.5% each to $42.02, $71.57, $20.53 and $17.87, respectively.