MARKET SUMMARY FOR SEPTEMBER 22

Profit selling coupled with concerns arising from higher crude oilprices

dragged the market lower today, 22 September 2008. The30-share

BSE Sensex provisionally ended 89.55 points lower. All thesectoral

indices on BSE, barring FMCG and metal indices, werenegative.

At 15:30 IST, the crude oil was trading at $106.04 on the New

YorkMercantile Exchange (NYMEX). Asian stocks rose after the

US government proposed a $700 billionplan to solve the world financial

crisis by rescuing banks frombillions of dollars in risky mortgage debt.

Key benchmark indicesin Hong Kong, Japan, China, South Korea, and

Taiwan were up bybetween 0.31% to 7.77%. However, Singapore's

Straits Times was down0.58%.