Indian ADRs drop in trades

Indian ADRs ended in the red on Friday with telecom stocks dragging. MTNL slumped 5% to $1.91. Tata Communications slipped 4% to $8.98.

IT stocks were down. Patni Computers and Wipro slipped around 2.5% each to $14.96 and $12.85, respectively. HDFC Bank, Sterlite and Tata Motors were also in red.

However, ICICI Bank added 0.6% to $45.83.