Business Standard

Wall St drops; ADRs slump

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BS Reporter Mumbai

The Wall Street ended siginificantly in red on Wednesday. The Dow Industrial Average index plunged 248 points to 8,200. The Nasdaq shed 57 points at 1,490.

Indian ADRs, too, ended with deep cuts. Satyam, Wipro, Tata Motors, HDFC Bank, Patni Computers, Infosys and ICICI Bank dropped 3-7% each. Sterlite and MTNL declined around 2.5% each. Dr.Reddy's, however, moved up 3.5%.

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First Published: Jan 15 2009 | 8:32 AM IST

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