Economics
India’s Sensex Index Enters Bull Market as Economy Strengthens
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India’s stocks rose, with the benchmark index entering a so-called bull market, after industrial output grew at a faster rate than expected, signaling robust economic expansion.
Larsen & Toubro Ltd., the nation’s biggest engineering company, climbed to its highest in almost two months. Factory output increased 13.8 percent in July from a year earlier, exceeding the estimates of all 24 economists surveyed by Bloomberg News. State Bank of India, the largest lender, surged