BSE Sensex rises tracking Asia
The BSE Sensex rose 1 percent early on Friday, tracking Asian peers, with investors awaiting domestic industrial output data for June due at 0530 GMT for cues on possible actions by the central bank. Reuters

The BSE Sensex fell 0.5 percent on Tuesday, tracking Asian peers that fell on fears that Europe's sovereign debt troubles are worsening and could trigger a second full-blown banking crisis.

Adding to the gloom are worries that the United States may be sliding back into recession, a concern heightened by a slew of downbeat data, most recently employment figures that showed the world's top economy failed to create any jobs last month.

At 09:15 a.m. (0345 GMT), the 30-share BSE index was trading down 0.44 percent at 16,640.13 points, with 22 of its components in the red.

The broader 50-share NSE index was trading 0.48 percent lower at 4,992.95 points.

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