Indian Stocks Advance, Ending Three-Day Drop; Maruti Leads Gain
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Indian stocks gained for the first time in four days as risks to the global economic recovery receded after Japan made progress in averting a nuclear crisis.
Maruti Suzuki India Ltd., a unit of Japan’s Suzuki Motor Co., climbed the most in three weeks. Japan’s Prime Minister said yesterday he can see “light at the end of the tunnel” in the country’s battle to regain control of a crippled power plant. Jaiprakash Associates Ltd., a builder of dams and bridges, rose, paring this year’s drop to 22 percent. DLF Ltd., the biggest Indian realty developer, advanced for a second day.