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Indian ADRs close in the red

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SI Reporter Mumbai

With the fall in the US markets, the Indian ADRs too had a bad day. All the 12 scrips listed closed in the negative.

The major losers among the lot were Tata Comunications, ICICI Bank and Patni Computer down 4% each followed by Tata Motors and HDFC Bank losing a little over 3.5%.

Meanwhile, the least affected in the downtrend were the IT scrips namely Wipro and Infosys Technologies down 1% each.

 

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First Published: May 04 2011 | 8:40 AM IST

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