Indian ADRs drop in trades

Indian ADRs were in the red on Monday with Patni Computers slumping 2.5% to $15.80. MTNL shed 2.3% at $2.06.

Dr Reddy's, Tata Communications and Infosys slipped 1.5% each to $37.14, $9.72 and $62.56, respectively.  Among banking stocks - HDFC Bank and ICICI Bank dropped 1% each. Genpact was down 0.7% at $16.88.