Indian ADRs tumble on Thursday

Indian ADRs were in red on Thursday with communications stocks leading the fall.

Tata Communications shed 5% at $10.69. MTNL slipped 4% to $2.25.

Sterlite dropped 4.5% to $14.98. Genpact was down 2.5% at $15.22.

ICICI Bank and Patni Computers slipped 2% each. Wipro and Dr Reddy's fell over 1% each to $13.49 and $34.35, respectively.