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
Trending On Reuters
Prime Minister Narendra Modi will offer island nations in the Indian Ocean a broad range of military and civilian assistance next week in a bid to wrest back some of the influence China has gained by spending billions of dollars in the region. Full Article