Wall Street headed downhill yesterday with the Dow, the Nasdaq and the S&P 500 all losing around 1% each driven down by weak economic data. The US economy grew at an annual rate of 0.6% after the fourth quarter of 2007, while it expanded at 2.2% for the whole year down from 2.9% growth it showed in 2006.

Crude futures surged to close above USD 102/bbl, gold also shot up, while the dollar extended its losses against other major currencies. In economic news Fed Reserve Chairman Ben Bernanke said the risk from economic slowdown was higher than that of inflation, while US President George W Bush maintained that the US economy was not headed towards a recession.

The Dow slipped 112.10 points, or 0.88%, to 12,582.18. The Standard & Poor's 500 index fell 12.34 points, or 0.89%, to 1,367.68, and the Nasdaq composite index was down 22.21 points, or 0.94%, to 2,331.57.

A look at how the Indian ADRs performed:

Name Infosys Sify Rediff.com India Satyam Wipro ICICI Bank HDFC Bank MTNL Tata Comm Dr Reddy's Lab Tata Motors Patni Computer Sterlite Ind

Symbol INFY SIFY REDF SAY WIT IBN HDB MTE TCL RDY TTM PTI SLT

Price 40.92 4.93 9.03 26.67 11.94 53.88 113.28 6.10 25.60 14.42 17.72 12.67 21.61

Change -1.08 0.11 0.24 -0.23 -0.35 -1.86 -3.02 -0.15 0.10 0.04 -0.30 -0.28 0.55

Change% -2.57% 2.28% 2.73% -0.86% -2.85% -3.34% -2.60% -2.40% 0.39% 0.28% -1.66% -2.16% 2.61%

Volume 2,453,281 158,618 77,524 575,714 204,357 2,561,231 556,335 218,900 66,967 302,100 679,033 48,000 1,071,607

High 41.85 4.93 9.03 27.02 12.44 55.71 115.8 6.28 26.50 14.75 18.03 12.80 21.81

Low 40.74 4.65 8.65 26.38 11.87 53.45 112.95 5.96 24.86 14.36 17.52 12.62 21.25