MARKET EYE-Indian shares edge higher; pharma stocks gain

Mon Nov 5, 2012 9:55am IST

Related Topics

Stocks

   

* The BSE index up 0.11 percent and the NSE index
 adds 0.13 percent.
* Indian stocks gain despite a fall in Asian shares on Monday
tracking a sell-off in global shares late last week, as
investors continued to shed risk ahead of the closely fought
U.S. presidential election and looked past strong U.S. jobs data
to fragile economic growth prospects worldwide.   
* Shares of Dr. Reddy's Laboratories gain 0.8 percent,
up for a sixth day. India's no. 2 drugmaker posted on Tuesday a
better-than-expected 32 percent rise in quarterly net profit.
 
* Cipla gains 1.8 percent ahead of its quarterly
earnings later in the day.
* Larsen & Toubro gains 0.5 percent on churning in
favour of large cap industrial stocks.

 (abhishek.vishnoi@thomsonreuters.com)
FILED UNDER:

Reuters Showcase

IS Claim

IS Claim

Islamic State says beheads second Japanese hostage.  Full Article 

Ukraine Crisis

Ukraine Crisis

Death toll mounts in Ukraine fighting after peace talks fail.  Full Article 

Fifth Title

Fifth Title

Djokovic reigns supreme at Australian Open.  Full Article 

Journalist Freed

Journalist Freed

Jailed Al Jazeera journalist Peter Greste leaves Egypt for Australia.  Full Article 

Reuters Poll

Reuters Poll

RBI seen holding rates steady on Tuesday, minority of analysts expect cut.  Full Article 

Doubles Title

Doubles Title

Hingis wins Australian Open mixed doubles title with Paes.  Full Article 

Houston's Daughter

Houston's Daughter

Bobbi Kristina Brown revived after found unresponsive in tub  Full Article 

Supply Glut

Supply Glut

Sugar mills seek govt help to dispose of supply surplus.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage