20/09/2011 00:00 AST

The Mumbai Stock Exchange sensitive index, Sensex opened higher on Tuesday despite rating agency S&P downgraded Italy and escalating euro zone sovereign debt crisis.

The Sensex up move was led by export-driven software services companies as a weak rupee boosted their earnings outlook from foreign exchange gains.

At 09.47 a.m., the Sensex was trading at 16,895.49, up by 150.14 points. The National Stock Exchange, Nifty was at 5,076.30 higher by 44.35 points

All the sectoral indices, led by IT and consumer durables, were trading in the positive zone, with gains of up to 1.25 per cent.

For more on this Click Here


The Hindu Business Line

Ticker Price Volume
Index Closing Change
NIKKEI 225 36,581.76 -251.51 (-0.68%)
DAX 18,699.40 181.01 (0.97%)
S&P 500 5,626.02 30.26 (0.54%)
Europe's embattled carmakers look to overturn 2035 combustion engine ban

16/12/2025

Europe's embattled carmakers are hoping for a reprieve when Brussels unveils an auto sector package on Tuesday, which could water down an effective ban on new combustion engines initially slated for

Kuwait Times

Smaller manufacturers across China look to catch the automation wave

15/12/2025

In a light-filled workshop in eastern China, a robotic arm moved a partially assembled autonomous vehicle as workers calibrated its cameras, typical of the incremental automation being adopted even a

AFP

AI bubble? Opinions divided on tech's trillion dollar question

12/12/2025

Investors are on guard for signals that demand for artificial intelligence is tailing off or that the massive spending is not paying off as anticipated.

Investments in AI, which have outstri

Reuters

Divided Fed lowers rates, signals pause and one cut next year

12/12/2025

A divided US Federal Reserve lowered interest rates Wednesday for a third consecutive time this year, but signaled that it could hold off further reductions in the coming months. Fed Chair Jerome Pow

AFP

Bitcoin plummets below $90,000 as AI future worries investors

12/12/2025

Cryptocurrencies plummeted on Thursday, with bitcoin slipping below the $90,000 level as fresh concerns about artificial intelligence profits weighed on technology stocks.

According to Reute

Khaleej Times