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Dow drops 206pts; ADRs slide

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BS Reporter Mumbai

The Dow Jones industrial average tumbled 206 points to 12,814. The Nasdaq shed 45 points at 2,438.

Indian ADRs, too, ended on a weak note. Satyam plunged over 6% to $25.54. Infosys tumbled over 5.5% to $43.24. Wipro and HDFC Bank slumped 5.8% each at $12.87 and $110, respectively.

MTNL was down 5.7% at $5.12. Sterlite and Tata Communications dropped over 4% to $20.54 and $23.84.

 

Tata Motors, ICICI Bank and Dr Reddy's were down 2-3% each.

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First Published: May 08 2008 | 8:41 AM IST

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