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Old 08-02-2008, 06:09 PM   #1 (permalink)
 
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Default Wall St ends down; ADRs move up -- Mumbai August 02, 2008, 10:51 IST

The Wall Street slipped on Thrusday on the back of lower than expected earnings from Exxon. The Dow Jones industrial average shed 206 points at 11,378. The Nasdaq was down four points at 2,326.

Among the Indian ADRs - Satyam surged 4.5% to $22.31, and MTNL soared 3.5% to $5.10. Infosys and ICICI Bank rallied 2.7% each to $40.45 and $30.40, respectively. Patni Computers and Dr.Reddy's advanced over 2% each to $10.58 and $13.75, respectively. Tata Motors and Wipro also ended with smart gains.
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