Indian ADRs: Tata Motors slips 9.3%, Sterlite down 5.5%

Published on Wednesday, July 1st, 2009 at 9:50 AM
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Author: admin (5507 Articles)

Indian ADRs plunged on Tuesday following a slump in Wall Street. In the IT space, Satyam Computers was down 4.6% at $ 3.11, Infosys was down 1.24% at $ 36.78, Wipro was down 0.42% at $ 11.8 and Patni Computers was down 0.36% at $ 10.96.

In the banking space, ICICI Bank was down 4.22% at $ 29.5 and HDFC Bank was down 2.13% at $ 103.13. In the telecom space, MTNL was down 0.91% at $ 4.34 while Tata Communication was up 0.2% at $ 19.66. Also Read – How US markets closed

In other sectors, Tata Motors was down 9.36% at $ 8.52, Sterlite Industries was down 5.54% at $ 12.44 while Dr Reddy’s Labs was up 1.13% at $ 16.95.

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