Indian ADRs slip

The Wall Street ended on a subdued note on Thursday. The Dow  dropped 23 points to 11,216. The Nasdaq, however, was up a point at 2361.

The Indian ADRs ended in a sea of red. While VSNL tumbled 3.2% to $22.50, MTNL slipped 2.2% to $8.76. Infosys, Satyam, Wipro and ICICI Bank declined 1-2% each. Dr.Reddy's, however, gained 1.2% at $32.55.