Business Standard

US markets slump; Wipro bucks trend

Image

BS Reporter Mumbai

US markets slumped on Thursday.

The Dow shed 133 points (1.2%) to 10,308.  The Nasdaq dropped 27 points (1.2%) to 2,180.

Indian ADRs were all in red. HDFC Bank slumped 4% to $123.17. ICICI Bank shed 2.6% at $34.21.

MTNL and Genpact were down 2% each at $3.03 and $13.84. Satyam Computers, Patni Computers, Sterlite and Tata Communications declined around 1% each.

However, Wipro held strong gains and moved up 3% to $22.1. Dr Reddy's was up 1% at $25.12.

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

First Published: Dec 18 2009 | 8:15 AM IST

Explore News