India’s Sensex Drops as Japan Nuclear Leak Risk Spooks Investors

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India’s benchmark stock index fell the most in two weeks as investors withdrew from riskier assets after Japan said the danger of further leaks from a nuclear plant damaged by the nation’s biggest earthquake was increasing.

Tata Power Co., the nation’s largest non-state electricity generator, sank 3.2 percent, the most in more than five weeks. Japanese Prime Minister Naoto Kan appealed for calm as he said the danger of more leaks was rising at the crippled facility. Investment into India from Japan may be hurt in the aftermath of the temblor, Chakravarthy Rangarajan, head of the Indian premier’s Economic Advisory Council, said. Maruti Suzuki India Ltd., a unit of Japan’s Suzuki Motor Co., lost 3.4 percent.