Sensex turns positive hand in hand with Infosys

Shares in Infosys Technologies rose 1.6 per cent early on Tuesday after a shaky start and drove the main index up.

Infosys, No. 2 software services exporter, beat expectations with a one-third rise in quarterly profit, helped by a weaker rupee, even as a global downturn squeezed outsourcing.

The main 30-share BSE index opened down 0.74 per cent, but quickly turned positive and was up 0.21 per cent at 9,128.96 points by 0428 GMT, with 11 components gaining.

Satyam shares were trading up 4.5 per cent at 35.95 rupees.

The 50-share NSE Index was down 0.08 per cent at 2,771 points.