The US markets tanked on Wednesday as companies announced weak business conditions and earnings decline.
The Dow Jones fell 245 points or 2.7% to 8770. The Nasdaq lost 3.2% to 1599 points.
In Indian ADRs, Satyam fell 91% and NYSE halted trading. ICICI Bank lost 13.3%, HDFC Bank declined 10.4% and Tata Motors lost 7%. Sify was down 18%. On the other hand, Infosys was up 1.3%.
