Economics
India’s Sensex Has Largest Annual Gain Among 10 Biggest Markets
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Indian stocks rose for a second year, making the benchmark index the best performer among the world’s 10 biggest equity markets as the nation’s economic growth lured record foreign funds.
Bajaj Auto Ltd., the second-largest motorcycle maker and the best performer on the Bombay Stock Exchange’s Sensitive Index, or Sensex, extended its gains to 76 percent this year. Jaiprakash Associates Ltd., a builder of dams, roads and bridges, was the worst performer. Today’s advance pared its yearly loss to 28 percent.