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Sensex rises, led by low-beta stocks

Source : REUTERS
Last Updated: Tue, Sep 25, 2012 10:37 hrs
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Indian shares rose on Tuesday as defensive and low-beta stocks such as ITC gained on value buying, after recent declines on churning in favour of cyclicals and high-beta stocks on bets of additional government reforms.

Cigarette maker ITC provisionally rose 2.1 percent, while Hindustan Unilever rose 2.3 percent.

Among other low-beta stocks, Cipla gained 2.2 percent on value buying after an 8.7 percent decline over the last eight sessions.

India's benchmark BSE index provisionally rose 0.11 percent, while the 50-share NSE index rose 0.13 percent.


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