MARKET CLOSING ON 1 SEPT, 2008

The key benchmark indices staged a sharp recovery from

lower levelin the fag end of the trading session led by rebound

in bank sharesand select pivotals. The 30-share BSE sensex

recoupled 253 pointsfrom the day's low it had hit in afternoon trade.

As per provisional closing, the BSE 30-share Sensex was down

29.63points or 0.20% to 14,534.90. At day's low of 14,281.10, the

indexfell 283.43 in early afternoon trade. At day's high of 14,547.41,the

Sensex shed 17.12 points at the fag end of the trading session. The S&P

CNX Nifty was up 0.55 points or 0.01% to 4360.55. It cameoff

session's low of 4281.35 The BSE Mid-Cap index was up 0.05% at

5,745.27 and the BSESmall-Cap index was up 0.01% at 6,892.60. The

market breadth was weak on BSE with 1338 shares advancing ascompared

to 1245 that declined. 93 shares remained unchanged.