BSE Sensex opens up on hopes of strong data

The BSE Sensex opened up today as investors put euro-zone worries behind them and looked ahead to a stronger economic data.

The BSE Sensex opened up on Monday as investors put euro-zone worries behind them and looked ahead to a stronger economic data.

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

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

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