US markets end in red

US markets dropped on Friday. The Dow shed 126 points (1%) to 11,018. The Nasdaq was down 34 points (1.3%) at 2,481. S&P 500 dropped 20 points (1.6%) to 1,192.

Indian ADRs were also in red. Tata Communications slumped 4% to $12.42.

Wipro, ICICI Bank, Tata Motors and Dr Reddy's dropped 2.5% each. Sterlite shed 2.6% at $18.49.

Patni Computers declined 2.2% to $25.28. MTNL was down 2% at $3.29.

Genpact slipped 1.8% to $17.5. Infosys, HDFC Bank and Satyam Computers were the other losers and dropped over 1% each.