US stocks declined on Friday. With government data continuing to show that the US economy is deteriorating further, a deal on the $700 billion rescue plan to rid banks of bad mortgage debt might calm jittery investors as they close the books on September, a month that has changed the face of Wall Street forever.
The Dow Jones Industrial Average was down 121 points at 11,143 and the Nasdaq lost 3 points to 2183.
Indian ADRs ended on a negative note.
Patni Computer Systems plunged 11% and Tata Communications lost 10.1%.
ICICI Bank dipped 9.1%. Sterlite Industries lost 7.2%. Genpact was down 4.3%. HDFC Bank declined 4%. Dr Reddy's slipped 3%. Tata Motors and Wipro lost above 2.4%.
Infosys and MTNL declined 1.8%. Satyam was down 1.2%.
