India’s Sensex Climbs to Record in Diwali Trading as Autos Gain
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Indian stocks advanced, sending the benchmark index to a record in a shortened session. Automakers and metal producers led the gains.
Tata Motors Ltd., the owner of Jaguar Land Rover, rallied to its all-time high. Jindal Steel & Power Ltd. climbed for the second day, sending a measure of metalmakers to an eight-month high. Indian Oil Corp. surged the most in two months, leading other state-owned refiners higher.