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Indian ADRs: Tata Motors slips 9.3%, Sterlite down 5.5%

Published on Wed, Jul 01, 2009 at 08:14 | Updated at Wed, Jul 01, 2009 at 08:51 | Source : Moneycontrol.com

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Indian ADRs plunged on Tuesday following a slump in Wall Street. In the IT space, Satyam Computers was down 4.6% at $ 3.11, Infosys was down 1.24% at $ 36.78, Wipro was down 0.42% at $ 11.8 and Patni Computers was down 0.36% at $ 10.96.

In the banking space, ICICI Bank was down 4.22% at $ 29.5 and HDFC Bank was down 2.13% at $ 103.13. In the telecom space, MTNL was down 0.91% at $ 4.34 while Tata Communication was up 0.2% at $ 19.66. Also Read - How US markets closed

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In other sectors, Tata Motors was down 9.36% at $ 8.52, Sterlite Industries was down 5.54% at $ 12.44 while Dr Reddy’s Labs was up 1.13% at $ 16.95.

A look at how the Indian ADRs performed:

Name	Symbol	Close Price	($)Chg	Chg	Volume
Infosys	INFY	$36.78	-0.46	-1.24%	1,513,649
Satyam	SAY	$3.11	-0.15	-4.60%	3,621,377
Wipro	WIT	$11.80	-0.05	-0.42%	459,314
Patni	PTI	$10.96	-0.04	-0.36%	54,000
Tata Comm	TCL	$19.66	0.04	0.20%	114,271
MTNL	MTE	$4.34	-0.04	-0.91%	555,911
ICICI Bk	IBN	$29.50	-1.30	-4.22%	2,595,654
HDFC Bk	HDB	$103.13	-2.24	-2.13%	290,706
Sterlite	SLT	$12.44	-0.73	-5.54%	602,070
Dr Reddys	RDY	$16.95	0.19	1.13%	822,845
Tata Motors	TTM	$8.52	-0.88	-9.36%	3,518,454
Sify	SIFY	$1.73	0.08	5%	63,214
Rediff	REDF	$2.75	-0.02	-0.73%	61,403