Economics
India Sensex Index Rises to Two-Week High on Earnings Outlook
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India’s stocks rose, driving the benchmark index to the highest level in two weeks, as surging corporate earnings boosted the outlook for economic growth.
Sun Pharmaceutical Industries Ltd., the nation’s biggest drugmaker by market value, gained to a record after its profit climbed 12 percent on higher demand for generic medicines. National Aluminium Co., the second-biggest producer of the metal, advanced 0.9 percent after it posted a 41 percent increase in net income. Mahindra & Mahindra Ltd., the largest maker of sport-utility vehicles and tractors, rose to the highest in at least 19 years after sales climbed in October.