Indian shares edge higher; defensives lead
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)
- Tweet this
- Share this
- Digg this
- Record cold, ice grip U.S.; more snow to blanket East
- REFILE-Putin dissolves state news agency, tightens grip on Russia media
- Nokia offers $369 mln deposit to unfreeze Indian assets
- UPDATE 2-Sysco to buy US Foods from private equity, shares leap
- UPDATE 3-Yanukovich backs Ukraine compromise talks, police dismantle protest barricades
The BJP vowed on Monday to seize the momentum from a string of big state poll victories and smooth the tough job of broadening its appeal beyond traditional northern strongholds in time for a national election next year. Full Article