Business OpportunitiesUS markets mixed, Tata Communications tank
US markets ended mixed on Tuesday as the Nasdaq edged up on news of a railroad acquisition. The Dow, however, slipped on statements of the US Federal reserve.
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The Nasdaq was up eight points at 2,057. The Dow slipped 18 points to 9,772.
Indian ADRs were mixed.
Tata Communications slumped 8% to $14.94.
Sterlite shed 2.5% at $15.69. Dr Reddy"s dropped 2% to $22.49.
Wipro and Patni Computers were down around 1% each.
Meanwhile, Tata Motors added 2% to $11.98. Genpact and ICICI Bank advanced 1% each to $12.14 and $33.09, respectively.