Business Standard

US markets drop on recovery worries

Image

BS Reporter Mumbai

US markets slipped at the end of the week as worries about the economic recovery loomed once again.

The Dow dropped 14 points to 10,318. The Nasdaq was down 11 points at 2,146.

Indian ADRs were mostly in the green. Mahindra Satyam and HDFC Bank surged 3% each to $5.13 and $134.12, respectively.

ICICI Bank and Dr Reddy's added 2.5% each to $38.04 and $24.02, respectively.

Sterlite, Tata Communications and Tata Motors also moved up around 1% each.

However, Patni Computers slumped 3.5% to $19.36.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 21 2009 | 10:02 AM IST

Explore News