US markets slip on stimulus withdrawal worries

US markets slipped on Wednesday on fears that the Federal Reserve might withdraw stimulus.

The Dow dropped 81 points to 9,749. The Nasdaq moved down 15 points to 2,131.

Indian ADRs were in the red. Patni Computers shed 2% to $17.78.

Infosys, Mahindra Satyam, MTNL and Tata Motors dropped 1.5% each.

ICICI Bank and Sterlite dragged 1.5% each to $35.39 and $15.66, respectively.

However, Dr Reddy's gained 2.3% to $18.5. Genpact added 1% to $12.24.