Wall Street plunged for the third time this week on news that the New York Fed and J-P-Morgan chase. Will provide emergency funding to Bear Stearns to stave off liquidity problems arising from the credit crisis.

Bear Stearns will get a secured loan facility for an initial period of up to 28 days. The Bear Stearns stock plunged almost 50 percent after the news of the financing came in.

The volatility index rose 14 percent to 31.16. The biggest advance in two months. The Bear Stearns news overshadowed economic reports of a stable inflation and good consumer confidence.

The Dow lost 194.65 points, or 1.60%, to 11,951.09. The Standard & Poor's 500 index plunged 27.34 points, or 2.08%, to 1,288.14, and the Nasdaq composite index declined 51.12 points, or 2.26%, to 2,212.49.

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 33.94 4.03 7.080 22.06 10.31 40.34 95.12 4.80 23.15 13.57 15.43 10.69 18.95

Change -0.99 -0.17 -0.17 -0.35 -0.34 -1.90 -2.98 -0.42 -0.93 -0.20 -0.35 0.28 -0.07

Change% -2.83% -4.05% -2.34% -1.56% -3.19% -4.50% -3.04% -8.05% -3.86% -1.45% -2.22% 2.69% -0.37%

Volume 3,043,609 143,193 28,804 1,901,760 574,251 5,066,196 946,152 508,245 155,603 307,973 989,458 133,300 1,566,090

High 35.70 4.20 7.32 23.00 10.86 43.70 99.58 5.30 24.96 13.94 16.11 10.94 19.75

Low 33.34 4.02 7.02 21.50 10.20 39.78 93.51 4.73 22.52 13.50 15.40 10.41 18.55