Markets

Indian shares rise 0.5pc early; autos gain

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Leading auto firms Tata Motors and Mahindra & Mahindra led the gains rising 2.2 percent and 1.3 percent.

At 9:18 a.m. (0348 GMT), the 30-share BSE index was up 0.49 percent at 16,023.72 points, with 24 of its components trading higher, after falling for eight consecutive sessions.

The broader 50-share NSE index was up 0.8 percent at 4,816.50 points.

Copyright Reuters, 2011