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Moneycontrol India :: News :: Wall Street tumbles; Dow down 256 points :: Infosys Technologies :: International Markets :: US, Wall Street, Nasdaq, S&P 500, Dow,Infosys,Satyam Computer,Wipro,ICICI Bank,HDFC Bank,MTNL,VSNL,Dr Reddy's Lab,Tata Motors,
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Wall Street tumbles; Dow down 256 points
2008-04-15 08:37:01 Source : moneycontrol.com
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Dark clouds hovered above Wall Street as stocks tumbled the most in three weeks. After General Electric results stunned investors by reporting a decline in profit and consumer confidence fell to lowest level since 1982 in April, according to an University of Michigan survey.

G-E, dropped the most in 20 years after first-quarter earnings slumped 12 percent because of failed asset sales and losses at its finance businesses. The stock plunged 13 percent, largest since black Monday in 1987 when the stock shed 17.5 percent.

In economic data the April University of Michigan confidence survey fell to 63.2 from 69.5.

The Dow plunged 256.56 points, or 2.04%, to 12,325.42. The Standard & Poor's 500 index slipped 27.72 points, or 2.04%, to 1,332.83, and the Nasdaq composite index tumbled 61.46 points, or 2.6%, to 2,290.24.

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

35.81
4.87
9.04
22.76
11.03
38.95
96.24
4.91
22.85
14.69
15.17
12.23
19.57

Change
-0.44
0.19
0.49
-0.63
-0.41
-1.18
-3.57
-0.14
-0.60
-0.24
-0.45
-0.36
0.01

Change%

-1.21%
4.06%
5.73%
-2.69%
-3.58%
-2.94%
-3.58%
-2.77%
-2.56%
-1.61%
-2.88%
-2.86%
0.05%

Volume
4,097,263
256,131
203,434
1,910,512
303,843
2,049,345
420,620
137,350
139,300
70,700
875,490
108,100
368,602

High
36.32
4.93
9.40
23.35
11.26
39.49
98.13
5.09
23.62
14.81
15.60
12.50
19.80

Low
35.31
4.58
8.45
22.61
11.02
38.68
95.27
4.85
22.00
14.61
15.01
12.18
19.34


 

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