India Hot Stocks: Software stocks up on weaker rupee

Wed, May 7 10:24 AM

MUMBAI (Reuters) - The following stocks were on the move at the BSE on Wednesday.

At 10:07 a.m. the benchmark 30-share BSE index was down 0.51 percent at 17,284.29 points.

The 50-share National Stock Exchange Index was down 0.35 percent at 5,126.55 points.

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* Software services exporters Tata Consultancy Services, Infosys Technologies and Wipro were up 1.5-3 percent after the rupee weakened past 41 per dollar, its lowest since late August.

(10:06 a.m.)

(prashant.mehra@thomsonreuters.com)

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* Emco Ltd was up 3 percent at 189.70 rupees after the power transformer maker said it has won an order worth 1.26 billion rupees from Delhi Transco Ltd.

(10:04 a.m.)

(prashant.mehra@thomsonreuters.com)

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