Wall Street did start off on a nervous note but markets recovered some ground in afternoon trade and the Dow finished with a small gain. Investors rewarded JP Morgan for its weekend move on Bear Stearns. But punished other banks on conerns that they might be over valued.

General motors hit a 52 week low on demand concerns and a strike among one of its suppliers

In economic news Homebuilders sentiment remained at historic lows. Industrial production slipped 0.5 percent in February. Meanwhile, the US Current account deficit unexpectedly narrowed in the fourth quarter.

The Dow gained 21.16 points, or 0.18%, to 11,972.25. The Standard & Poor's 500 index was down 11.54 points, or 0.90%, to 1,276.60. The Nasdaq composite index declined 35.48 points, or 1.60%, to 2,177.01.

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 33.01 4.01 6.65 20.94 10.11 35.16 88.06 4.84 23.50 13.53 14.98 10.20 18.26

Change -0.93 -0.02 -0.43 -1.12 -0.20 -5.18 -7.06 0.04 0.35 0.04 -0.45 -0.49 -0.69

Change% -2.74% -0.50% -6.07% -5.08% -1.94% -12.84% -7.42% 0.83% 1.51% -0.29% -2.92% -4.58% -3.64%

Volume 3,356,483 179,150 72,848 1,835,501 642,011 12,342,501 1,163,733 235,450 150,964 268,300 1,655,010 165,950 947,485

High 33.93 4.12 7.03 21.63 10.4 37.65 91.48 5.00 24.34 13.57 15.31 10.61 18.30

Low 32.65 3.88 6.50 20.02 9.85 33.67 85.26 4.62 22.03 13.07 14.71 9.84 17.51