US stock indices slipped on Tuesday after five straight sessions of gains amid persistent worries over oil prices and slowdown in China.
US stock indices slipped on Tuesday after five straight sessions of gains amid persistent worries over oil prices and slowdown in China.
The Dow Jones Industrial Average slid 109.85 points, or 0.6%, to finish at 16,964.10.
The S&P 500 index dropped 22.50 points, or 1.1%, to close at 1,979.26, led by a 4.1% fall in the energy sector.
The Nasdaq Composite index lost 59.43 points, or 1.3%, to end at 4,648.82.
Crude oil futures tumbled as traders bet that weekly data will reveal a fourth straight climb in US crude inventories even as doubts prevail over an output freeze.
Investors on Wall Street were also bracing for a meeting of the European Central Bank (ECB) policy makers on Thursday, where are they are expected to announce further stimulus.
Earlier, global stocks came under pressure after Chinese trade data showed exports falling for an eighth successive month.
Chinese exports fell by a whopping 25.4% in February, compared with a 15% drop expected, while imports were down 13.8%.
Indian ADRs:-
The Dow Jones Industrial Average slid 109.85 points, or 0.6%, to finish at 16,964.10.
The S&P 500 index dropped 22.50 points, or 1.1%, to close at 1,979.26, led by a 4.1% fall in the energy sector.
The Nasdaq Composite index lost 59.43 points, or 1.3%, to end at 4,648.82.
Crude oil futures tumbled as traders bet that weekly data will reveal a fourth straight climb in US crude inventories even as doubts prevail over an output freeze.
Investors on Wall Street were also bracing for a meeting of the European Central Bank (ECB) policy makers on Thursday, where are they are expected to announce further stimulus.
Earlier, global stocks came under pressure after Chinese trade data showed exports falling for an eighth successive month.
Chinese exports fell by a whopping 25.4% in February, compared with a 15% drop expected, while imports were down 13.8%.
Indian ADRs:-
| Company | Price in USD | % Change |
| Tata Motors | 25.18 | -4.01% |
| Infosys | 17.92 | -2.73% |
| Wipro | 11.8 | -1.53% |
| Dr Reddy's | 47.36 | -2.05% |
| HDFC Bank | 55.99 | -1.41% |
| ICICI Bank | 6.23 | -5.62% |
| Sify | 1.02 | 0.98% |
| Rediff | 0.56 | -3.58% |
| Vedanta | 5.17 | -5.80% |
| MakeMyTrip | 17.54 | -0.06% |
| WNS | 28.91 | -1.40% |
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