Business Standard

US markets slip on weak data, stimulus worries

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BS Reporter Mumbai

US markets slipped on Thursday on a weak housing data and fears that authorities might decide to take away the stimulus packages.

The Dow slipped 41 points to 9,708. The Nasdaq dropped 24 points (1%) to 2,108.

Indian ADRs were in the red barring Dr Reddy's which surged 5.3% to $19.49.

Tata Communications plunged 6% to $19.3. MTNL and Infosys shed 3% each to $3.6 and $47.12, respectively. Mahindra Satyam also dropped 3% to $6.1.

Wipro, Sterlite and Tata Motors were down 1.5% each.

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First Published: Sep 25 2009 | 8:18 AM IST

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