<b>Mumbai blasts: BSE to remain open; mood grim</b>

The Bombay Stock Exchange will remain open for trading on Wednesday.
Exchange officials said that the exchange was keeping all its systems and
staff ready for trading. Arrangements have been made for the staff to stay
back on Tuesday night and expectations are that the exchanges would function
normally.

"We do not know what the response would be and how many traders would log
in, but from our side we are keeping the systems ready," said a highly
placed exchange official.

NSE is expected to follow suit, though exchange officials could not be
contacted to confirm the same.

Meanwhile, Indian ADRs were trading down. Infy had lost 2.79 per cent and
was trading in the range of $74.68 to $76.98. MTNL lost 2.98 per cent in
early trade and was quoting at $6.28. VSNL shed close to 4.5 per cent and
was trading at $16.52.

Brokers and analysts foresee trading in the next few days to be impacted
because of the implications of the serial blasts in Mumbai today. Bourses
were poised to open to the results of Infosys on Wednesday morning, but the
sentiment would be glum in the light of these blasts, they say.