Wednesday's Asia ADR Recap

Update from 5:53 p.m. EDT

Indian stocks broke a six-day winning streak Wednesday as investors in the Far East sold off financial and capital goods stocks. Dealers said market players locked in profits and cleared their position books ahead of the monthly expiration of futures contracts, which ends on the last Thursday of every month.

The Bombay Stock Exchange's benchmark 30-stock Sensex Index fell 86 points, or 0.5%, to 16,698 points.

Indian communications provider Tata Communications (TCL Quote) announced it has launched a suite of security services designed to protect applications, IT systems and networks that power its customers' business infrastructures. The cost-effective security solutions will focus on premise and managed services along with professional services, which will enable Tata Communications to provide its customers with security solutions on a global scale. American depositary shares of Tata Communications traded up 1.4% to $23. ...