The BSE Sensex shut up today at 16863, up by 149 points, While Nifty Index closed at 5064 , up by 47 points.

In Market data showing a slowdown in India's services sector growth in August 2011, US recession worries and the ongoing euro-zone debt crisis offset Moody's Investors Services' positive outlook on India's rupee-denominated bonds. Selling pressure also gathered momentum as investors booked profits after the Indian markets surged ~6% inlast three sessions.