Sensex rises 133 points, IT stocks fall ahead of Infosys Q4

Indian markets shrugged off a slowdown in factory output to close with modest gains. The Sensex rose 133 points or 0.77% to 17,332.62 while the broader Nifty index advanced 50 points to end at 5,276.85.February's factory output, as measured by the index of industrial production, rose 4.1%, which was below expectations of over 6% growth. But analysts said the weak numbers may force the Reserve Bank to cut rates."This is the only month...