Indian ADRs dropped in red on Tuesday with ICICI Bank slumping as much as 5.4% to $2.79. Among other banking stocks, HDFC Bank tumbled 3% to $164.57.
Tata Motors slipped 2.6% to $29.26. Communication stocks - Tata Communications and MTNL shed 2% each.
Sterlite and Infosys slipped around 1% each. However, Genpact and Dr Reddy's ended flat with a positive bias.