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US markets end -ve; MTNL ADR slips 5%

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BS Reporter Mumbai

The Dow Jones industrial average dropped 51 points (0.50%) to end at 10,041. The Nasdaq Composite Index shed 13 points,(0.59) to close at 2,163.

The Indian ADRs ened on an extremely negative note. MTNL slumped 5% to $3.46 and Mahindra Satyam slipped 4% to $6.19, respectively.

HDFC Bank dropped 3% to $118

Dr Reddys and Tata Communications were down 2.5% each to $19.5 and $20.11, respectively.

Genpact on the other hand soared 4% to $11.73 and Patni Computers added 1.5% to $18.89, respectively.

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First Published: Oct 22 2009 | 8:08 AM IST

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