Monday, September 22, 2008

Indian shares rise, led by technology stocks

: North American Indian shares rose Wednesday, lifted by strong purchasing of engineering stocks.

The Greater Bombay Stock Exchange's benchmark 30-stock Sensex rose 91 points, or 0.6 percent, to 16,244 points.

On the broader National Stock Exchange, the 50-company S&P Bang-Up index rose 0.2 percentage to 4,887 points.

Technology pillory gained, taking comfortableness from Infosys Technologies Ltd.'s projection of higher-than-expected revenue growing in financial 2009.

Infosys was up 5.9 percentage at 1,600 rupees, followed by Wipro Ltd., up 5.4 percentage at 447 rupees, and Satyam Computer Services Ltd., up 0.4 percentage at 454 rupees. Today in Business with Reuters

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