Indian ADRs: Satyam down 11%, Tata Motors slips 4.6%

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Indian ADRs: Satyam down 11%, Tata Motors slips 4.6%

Indian ADRs: Satyam, Tata Motors, ICICI Bank, Sterlite, Dr Reddys, ICICI Bank, Infosys, Wipro and Patni plunged, while Tata Comm and MTNL gained.

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Indian ADRs ended mixed on Tuesday. In the  IT space, Satyam was down 11.11% at $ 2, Wipro was down 3.54% at $ 8.44, Infosys was down 2.44% at $ 28.76 and Patni Computers was down 3.01% at $ 6.45.

In the Banking space, ICICI Bank was down 4.07% at $ 16.95 and HDFC Bank was down 1.98% at $ 69.24. However, Telecom ADRs were up. Tata Communication was up 3.4% at $ 23.75 and MTNL was up 1.75% at $ 2.91.

In other sectors, Tata Motors was down 4.66% at $ 7.36, Sterlite Industries was down 3.5% at $ 8.28 and Dr Reddy's Labs was down 2.34% at $ 10.42.