Most Indian Stocks Advance; ACC Extends Gains After Cement Price Increase

Most Indian stocks rose as investors bought shares in companies most likely to benefit from the nation’s economic expansion.

ACC Ltd., the nation’s largest cement maker, extended gains for a second day to its highest level in almost six months after prices of the building material were increased.

The Bombay Stock Exchange’s Sensitive Index, or Sensex, gained 12.66, or 0.1 percent, to 18,657.72, according to preliminary closing prices. Three stocks rose for every two that fell. The S&P CNX Nifty Index on the National Stock Exchange was little changed at 5,602.75, as was the BSE 200 Index at 2,394.

To contact the reporter on this story: Malavika Sharma in New Delhi at msharma52@bloomberg.net.

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