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- Stocks gain as traders bet on interest rate moves
- Bleak end to the year as German business morale drops
- Dubai inflation eases to 2.7% in November
- Oman advances national halal system to boost export competitiveness
- Oman launches RO150mn sukuk issuance
- Tourism Projects Worth $9 Billion Being Implemented in Saudi Arabia's Eastern Province
- Closing Bell: Saudi main index closes in red at 10,414
- QIIB lists 1st Islamic sukuk in QSE history
- stc signs five-year deal with Ericsson to advance Saudi digital infrastructure
- Sharjah National Oil Corporation advances vision for energy future leveraging RISE with SAP
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.
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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 |
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German business sentiment fell to its lowest level in seven months in December, a survey showed Wednesday, with Europe's beleaguered top economy set to end the year on a gloomy note. The Ifo institut
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Af
AFP
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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
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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
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Reuters
Financial Information Co.
Saudi Arabia