India Hot Stocks: 3i Infotech rises after stake buy

(Adds 3i Infotech)

MUMBAI, May 9 (Reuters) - The following stocks were on the move at the BSE on Friday.

At 10:24 a.m. the benchmark 30-share BSE index .BSESN was down 0.1 percent to 17,056.99 points.

The 50-share National Stock Exchange Index .NSEI was down 0.2 percent to 5,070.65 points.

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* Software services firm 3i Infotech Ltd (TIIN.BO: Quote, Profile, Research) rose nearly 4 percent to a day's high of 132 rupees after it said it acquired a 26 percent stake in Hyderabad-based IT infrastructure services firm Locuz Enterprise Solutions Ltd for an undisclosed sum. The shares are now trading 2.4 percent higher at 130 rupees.

(10:22 a.m.)

(bharghavi.nagaraju@thomsonreuters.com)

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