India’s Sensex Climbs, Paring Weekly Loss, as Rupee Strengthens
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Indian equities advanced, with the benchmark index paring a weekly loss, as the currency jumped by the most in more than a year.
Tata Motors Ltd., owner of Jaguar Land Rover, gained 3.1 percent. HDFC Bank Ltd., the nation’s biggest lender by market value, jumped the most in three weeks. Bharat Heavy Electricals Ltd., the largest power-equipment maker, soared the most since May 2009. Reliance Industries Ltd., operator of the world’s largest refining complex, increased for the second day.