Indian ADRs end negative

US stocks fell on Wednesday (November 21) as investors still mindful of the widening credit problems nonetheless went in search of bargain stocks.

The Dow Jones industrial average fell 211.10 points, or 1.62%, to 12,799.04. The NASDAQ composite index fell 34.66 points, or 1.33%, to 2,562.15.

The yield on the US 10-year Treasury notes fell below 4% for the first time since 2005.

Indian ADRs followed their US counterparts, with majority of them ending in negative, except Cognizant which rose 0.57% to USD 30.11

Losers:

Company	USD	% Decline
ICICI Bank	56.10	7.71
Infosys	38.66	3.66
Sterlite	21.83	8.81
Satyam	24.00	6.07
Tata Motors	16.90	3.37
Wipro	12.84	4.18
HDFC Bank	116.48	5.97
Dr Reddy	14.80	3.58
VSNL	25.56	8.97
MTNL	8.16	6.42
Patni Computers	15.20	0.52
India Fund	53.65	6.7