Indian ADRs: ICICI Bank slips 13.3%, HDFC Bank down 10.3%

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Indian ADRs: ICICI Bank slips 13.3%, HDFC Bank down 10.3%

Indian ADRs: ICICI Bank, HDFC Bank, Patni, Sterlite, Dr Reddys, Tata Motors and Tata Comm plunged.

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ALSO READ See how Asian markets are doing ICICI Bank BSE | NSE 25/05/12 Are Mutual Funds betting on ICICI Bank? Other Stocks in this news HDFC Bank |

In the US markets, stocks logged their worst loss in about a month amid some dismal predictions on the jobs front and as profit warnings started to roll in.

Alcoa was the biggest drag on the Dow, falling 10%, after the aluminum maker said it would slash more than 15,000 jobs, halve capital spending and sell four businesses as it reduces aluminum production.

The Dow was down 245.40 points, or 2.72%, to 8,769.70. The S&P 500 index fell 28.05 points, or 3%, to 906.65. The Nasdaq composite index dropped 53.32 points, or 3.23%, to 1,599.06.

A look at how the Indian ADRs performed: