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%)
S&P lowers France credit rating to A+, citing risks of rising deficit

19/10/2025

Credit agency S&P said Friday it had cut its rating for France to A+ from AA, citing risks that the government would fail to significantly reduce its deficit next year.

"Despite this week's

AFP

IMG urges countries to keep trade as engine of growth

17/10/2025

International Monetary Fund chief Kristalina Georgieva on Thursday urged member countries to keep trade as an engine of growth for the world economy despite President Donald Trump's steep new tariffs

Reuters

Global economy showing signs of moderate slowdown says IMF

16/10/2025

The global economy is showing signs of a moderate slowdown after a first half of robust activity largely attributable to temporary factors - such as front-loading of trade and investment and inventor

Trade Arabia

Global Islamic finance assets set to reach $9.7tn by 2029, LSEG says

16/10/2025

Global Islamic finance assets are projected to climb to $9.7 trillion by 2029, up from $5.98 trillion at the end of 2024, driven by expanding banking, sukuk, and takaful markets, a new analysis showe

Arab News

Bitcoin's plunge after tariff shock: A correction or trend reversal?

13/10/2025

Bitcoin's reaction to US President Donald Trump's recent announcement of 100% tariff on all imports from China illustrates how Bitcoin retains the reflexive behaviour of a free market instrument. I

Trade Arabia