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Sensex edges higher; Tata Motors, IT exporters gain

Source : REUTERS
Last Updated: Tue, Feb 11, 2014 10:38 hrs
Sad Sensex<br>

Indian shares rose on Tuesday as Tata Motors rallied after its quarterly earnings surged on strong results at its Jaguar Land Rover unit, while software services providers rose after an industry body predicted exports would improve.

Tata Motors rose 2.8 percent after saying its October-December net profit tripled on strong demand for its luxury Jaguar Land Rover vehicles.

Software services exporters gained, with HCL Technologies Ltd surging 4.4 percent after industry body Nasscom said exports from the sector would grow 13-15 percent in the fiscal year starting in April, up from 13 percent in fiscal 2013/14.

The benchmark BSE index provisionally rose 0.14 percent, while the broader NSE index ended 0.16 percent higher.




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