Indian shares edge higher; defensives lead

MUMBAI Mon Nov 5, 2012 3:42pm IST

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MUMBAI Nov 5 (Reuters) - Indian shares edged up on Monday, led by gains in defensive stocks such as ITC and Dr. Reddy's Laboratories, while auto stocks such as Bajaj Auto fell on profit-taking, reversing October sales gains.

ITC provisionally rose 1.75 percent while Dr. Reddy's Laboratories gained 1.3 percent.

Bajaj Auto ended 2.3 percent lower, while Mahindra & Mahindra fell 0.7 percent.

The BSE index provisionally gained 0.04 percent, while the 50-share NSE index ended up 0.08 percent. (Reporting by Abhishek Vishnoi; Editing by Subhranshu Sahu)

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