Nov. 4 (Bloomberg) -- India’s stocks rose for the first time in seven days, snapping the benchmark index’s biggest losing streak in a year, after Finance Minister Pranab Mukherjee said the government will not withdraw stimulus measures.

DLF Ltd., the biggest real estate developer, jumped 10 percent after Mukherjee said late yesterday India will wait until the economy is fully recovered before rolling back its stimulus spending. Jaiprakash Associates Ltd., a builder of roads, bridges and dams, soared 11 percent.

The Bombay Stock Exchange’s Sensitive Index, or Sensex, gained 507.19, or 3.3 percent, to 15,912.13, according to preliminary closing prices. The gauge lost 8.4 percent over the past six trading sessions on concerns the stimulus withdrawal may snap a nascent economic recovery.

The S&P CNX Nifty Index on the National Stock Exchange climbed 3.2 percent to 4,710.80. The BSE 200 Index increased 3.3 percent to 1,962.56.

To contact the reporter on this story: Rajhkumar K Shaaw in Mumbai at rshaaw@bloomberg.net.

Last Updated: November 4, 2009 05:13 EST