Markets: Mid Session

Marginally in the red…

Our markets opened the day on a weak note as the Asian markets and oil prices fell on
concerns over economic recovery. Among the Asian markets, the Shanghai stock
market, which tumbled by over 5%, was the worst hit. This triggered further selling in
our markets. Realty, FMCG and banking stocks were seen coming under pressure.

The Nifty shed 2 points and moved down to 4640 and the Sensex fell by 14 points to
settle at 15614. The BSE midcap and smallcap indices are, however, in the green. The
BSE Midcap is up by 11 points, while the BSE Smallcap index has risen by 49 points.

The US indices ended on a flat note yesterday taking a pause after the four-day rally.
Even though the indices rose initially, good gains in US treasury debt prices triggered a
sell off in stocks. Dow Jones climbed by 3 points to end the day at 9509.28, while the
S&P 500 Index was down marginally by 0.56 of a point to settle at 1025.57. The Nasdaq
Composite too shed 2.92 points to reach 2017.98.

Following global cues, the FTSE 100 went up by about 45.30 points yesterday, and
closed the day at 4896.20.

OLM Picks

Stock Price (in Rs.) Change

Aventis Pharma 1372.75 0.55%
Axis Bank 907.20 0.03%
Bank of Baroda 425.95 1.32%
Corporation Bank 384.50 0.97%
Cummins India 325 2.18%
Hindustan Dorr-Oliver 144.25 1.41%
Honeywell Automation (India) 1575.55 3.49%
ITC 240.60 0.33%
Opto Circuits (India) 186.20 1.47%
Rolta India 177.80 5.30%

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25 August 2009 Page 1 of 1