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Wall Street ends mixed; Dow down 92 points

Published on Wed, Jul 16, 2008 at 08:22 , Updated at Wed, Jul 16, 2008 at 09:22
Source : moneycontrol.com

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US markets closed lower following a zig-zag day marked by a plunge in oil and a barrage of statements from policy makers and a host of economic data.

Financials sold off late, led by the mortgage giants, Fannie Mae and Freddie Mac. Bank of America and Citigroup added to the carnage.

The Dow declined 92.65 points, or 0.84%, to 10,962.54. The Standard & Poor's 500 index lost 13.39 points, or 1.09%, to 1,214.91, while the Nasdaq composite index gained 2.84 points, or 0.13%, to 2,215.71.

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

37.02
3.20
5.38
21.35
10.54
24.42
66.32
4.34
17.56
15.40
9.31
11.11
14.81

Change
-0.13
0.00
-0.03
-1.19
-0.17
-1.87
-2.93
-0.01
0.26
-0.30
0.01
0.36
-0.65

Change%

-0.35%
0.00%
-0.55%
-5.28%
-1.59%
-7.11%
-4.23%
-0.23%
1.50%
-1.91%
0.11%
3.35%
-4.20%

Volume
3,996,526
80,090
143,331
2,455,674
1,075,425
7,264,181
1,797,299
243,129
80,759
379,926
2,060,169
41,311
981,222

High
37.46
3.20
5.40
22.39
10.84
25.4
68.52
4.45
18.02
15.42
9.45
11.16
15.09

Low
35.43
3.07
5.06
21.05
10.05
22.89
61.19
4.20
16.58
14.85
8.96
10.37
14.58

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Continued SubPrime

From earlier part... 4. This was not an end. The lending Banks like CitiGroup, Wachovia, etc pooled the sub-prim...

in Other Market Topics - venkat_c at 11-Oct-08 01:59

US markets open red

Thanks. Of course 8500 sensex is just possible but not 3000 sensex....

in Other Market Topics - vkk43 at 11-Oct-08 06:44

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