indian shares open up on budget hopes

MUMBAI, July 6 (Reuters) - Indian shares rose in early trade on Monday on hopes the government will announce further steps to spur economic growth in its budget later in the day.

By 9.59 a.m. (0429 GMT) the 30-share BSE Index .BSESN was up 0.70 percent at 15,016.88 with 26 components gaining.

The 50-share NSE Index .NSEI was up 0.55 percent at 4,448.75 points.

For budget expectations, click on [ID:nSP190820] (Reporting by Janaki Krishnan; Editing by Kim Coghill)