The Wall Street slipped on Wednesday as investors feared that the Federal Reserve plan to revive the economy could be very costly. The Dow Jones industrial average index advanced over 1% (91 points) to 7,487. The Nasdaq rallied 2% (29 points) to 1,491.
Indian ADRs, however, ended on a mixed note. Sterltie soared nearly 7% to $6.21. Infosys and Wipro gained 2% each at $26.75 and $6.79, respectively. Satyam and Patni Computers advanced over 1% each to $1.68 and $5.45, respectively.
On the other hand, Dr.Reddy's slumped 6.3% to $8.47. ICICI Banka nd Tata Motors tumbled around 4% each to $13.34 and $4.28, respectively. HDFC Bank shed 3% at $54.31
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