Wall Street tumbles; Dow down 245 pts

ALSO READ See how Asian markets are doing

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.

Intel too was one amongst the biggest laggards on the Dow, falling 6%, after it cut its fourth quarter revenue forecast to $8.2-8.7 billion.

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:

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 26.94 1.46 2.24 9.35 8.26 19.07 67.41 3.44 21.5 9.51 4.95 5.50 6.22

Change 0.34 -0.32 -0.05 -0.00 -0.15 -2.93 -7.79 -0.03 -0.86 -0.74 -0.38 -0.48 -0.54

Change% 1.28% -17.98% -2.18% -0.00% -1.78% -13.32% -10.36% -0.86% -3.85% -7.22% -7.13% -8.03% -7.99%

Volume 6,415,785 294,788 94,323 8,106,061 1,058,425 4,537,311 1,118,391 260,876 208,497 349,089 839,338 88,385 1,818,528

High 28.31 1.57 2.31 0.01 8.57 19.46 69.47 3.44 21.5 9.84 5.22 5.90 6.43

Low 25.15 1.45 2.20 0.01 7.92 18.4 66.3 3.20 19.35 9.40 4.75 5.42 6.06