Economics
Most Indian Stocks Advance as Economic Growth Outlook Improves
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Most Indian stocks rose, driving the benchmark stock index to a weekly gain, amid expectations local companies will benefit from strengthening economic growth.
Infosys Technologies Ltd., a software exporter that gets two thirds of its sales from North America, advanced to a one-week high. Better-than-expected data from the U.S. and China this week fueled speculation the global economy is recovering. Suzlon Energy Ltd. dropped to the lowest in a week after Reliance Industries Ltd. denied a report that it planned to buy a stake in the wind-turbine maker.