Wall St slips; ADRs mixed

The US indices slipped on Thursday amid fears of further slowdown of the economy. The Dow Jones industrial average slipped 31 points to 12,278. The Nasdaq dropped 18 points to 2428.

The Indian ADRs ended on a mixed note. Tata Motors rallied 2.7% to $20. ICICI Bank advanced 1.7% to $39.66, and Dr.Reddy's moved up over 1% to $16.95. Wipro shed 2% to $15.70, and Satyam slipped 1.6% to $23.58.