India Stocks End 2-Day Gain as Banks Slide on Rise in Bad Loans

  • HDFC Bank, Kotak Mahindra Bank drop from records after results
  • Foreigners buy $919m of shares in July, surpass June’s $771m

Indian stocks declined for the first time in three days as prospects for global stimulus dimmed and investor concern that the recent rally may have outpaced the outlook for earnings growth resurfaced.

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