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Indian Stocks Climb to One-Month High in Special Diwali Trading

Indian stocks advanced, sending the benchmark index to a one-month high in a shortened trading session. Energy companies led the increases.

Oil & Natural Gas Corp., India’s largest state-owned oil explorer, climbed for the first time in three days. Reliance Industries Ltd., owner of the world’s largest refining complex, rose to a one-week high. Bajaj Auto Ltd. rallied to a record. Wipro Ltd., India’s third-biggest software exporter, fell the most in two weeks after its profit missed estimates.