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US markets end flat; Tata Motors sheds 7%
BS Reporter / Mumbai July 9, 2009, 8:08 IST

U S stocks rebounded in late trades on Wednesday after a choppy session with the Dow and Nasdaq advancing marginally as investors hoped that corporate results would beat estimates as the quarterly earnings season prepared to start off.

 
 
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The Dow Jones industrial average gained 15 points (0.18%) to 8,178. The Standard & Poor's 500 Index dropped 1.45 points (0.17%) to 880. The Nasdaq Composite IXIC added one point( 0.06%) to 1,747.

The Indian ADRs slipped on Wednesday. Genpact advanced marginally to $11.31 and Tata Communications slipped 1.43% to $18.59.

Tata Motors shed 7% to $7.64 and Infosys dropped 2.75% to $34.29.

Patni Computers tumbled 5.30% to $19. HDFC Bank slumped 2.75% to $91.36.

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