US stocks ended lower on profit booking. The Dow Jones fell to a triple-digit loss but ended off session lows. The broader S&P 500 and the Nasdaq also saw similar declines. This is after Citigroup reported huge drop in its third quarter profit & acknowledged that consumer credit markets will continue to deteriorate in the fourth quarter. Fears about the credit market compounded a broad sell off. The company said it lost more than $ 3 billion in mortgage-backed security losses, leveraged debt write-downs and fixed-income trading losses.

Investors also grappled with high oil prices after crude jumped 3% & hit a record high above the $ 86 mark. Crude for November delivery closed at a record $ 86.13 a barrel, up .44, after rising up to $ 86.22 earlier on.

The Dow fell 108.28, or 0.77%, to 13,984.80. Broader stock indicators also declined. The S&P 500 index fell 13.09, or 0.84%, to 1,548.71, and the Nasdaq composite index fell 25.63, or 0.91%, to 2,780.05.

Indian ADRs end mixed; Patni, Infosys fall more than 2%, ICICI Bank, HDFC Bank, Sterlite rise more than 2%

Indian ADRs ended on a mixed note yesterday. Patni and Infosys Technologies were amongs the major losers falling more than 2%, while ICICI Bank, HDFC Bank and Sterlite rose more than 2%. In the technology pack, Infosys Technologies was down 2.46% at $ 50.42, Patni Computers was down 2.89% at $ 23.88, Satyam Computers was up 0.11% at $ 26.68, while Wipro ended the day 1.55% lower at $ 15.22.

In the non-technology pack, HDFC Bank was up 2.36% at $ 118.68, VSNL was down 1.9% at $ 26.79, ICICI Bank was up 2.21% at $ 56.08, MTNL was down 1.07% at $ 8.34, Tata Motors was down 0.48% at $ 20.53, Dr Reddy's Lab was up 0.25% at $ 15.98 and Sterlite was up 2.48% at $ 22.75.