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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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