Markets open up on hopes of strong data

Markets open up on hopes of strong data

Mumbai: Indian shares opened up on Monday as investors put euro-zone worries behind them and looked ahead to a stronger economic data.

The Indian economy is expected to have grown 8.7% in the March quarter from a year earlier, its strongest since December 2007, a Reuters forecast showed. The data is expected around 11:00am.

By 9:06am, the 30-share BSE index was trading up 0.16% at 16,890.22 points, with 16 components gaining.

The 50-share NSE index was down 0.15% at 5,058.65.

Close