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
- Google launches new email service dubbed "Inbox"
- Lax security in focus after attack at Canada's parliament
- U.S.-led air strikes killed 521 fighters, 32 civilians in Syria - monitor
- India hope to get boxer Sarita Devi's suspension reversed
- Motor racing-Caterham F1 factory closed, team's fate in the balance
India could allow commercial coal mining by foreign companies if they set up units in the country, opening the door for global giants like Rio Tinto to access the world's fifth largest coal reserves, a source familiar with the matter said. Full Article