Sensex Index Advances Third Day; Oil & Natural Gas, State Bank Lead Gains

Indian stocks advanced for the third day. The BSE India Sensitive Index, or Sensex, rose 0.2 percent to 17,599.12 at 2:37 p.m. in Mumbai. The gauge lost as much as 0.6 percent earlier.

Oil & Natural Gas Corp., the nation’s biggest state energy explorer, advanced the most in two weeks after reporting record quarterly earnings. State Bank of India, the largest lender, surged 1.7 percent.

To contact the reporter on this story: Rajhkumar K Shaaw in Mumbai at rshaaw@bloomberg.net

To contact the editor responsible for this story: Jay Shankar at jshankar1@bloomberg.net

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