India Hot Stocks:ITI Ltd up on JV plan report

Reuters - Friday, November 6

MUMBAI, Nov 6 - The following stocks were on the move at the BSE on Friday.

At 10:02 a.m., the benchmark 30-share BSE index <.BSESN> was up 1.05 percent at 16,232.84 points.

The 50-share National Stock Exchange Index <.NSEI> was up 1.15 percent at 4,820.25 points.

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* State-owned telecom equipment maker ITI Ltd <ITEL.BO> rose as much as 9.56 percent to 42.4 rupees after the Business Standard newspaper reported on Friday that Intel <INTC.O>, the world's largest chip maker, is planning to participate in bids invited by the firm to set up joint ventures. [ID:nBOM399702]

Shares were up 6.33 percent at 41.15 rupees.

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