India Stocks Advance as U.S. Stimulus Deal Comes Back in Focus

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Indian stocks rose, in line with peers in Asia, as investors remained optimistic about a U.S. stimulus deal and steady foreign inflows continued.

The S&P BSE Sensex advanced 1.1% to 46,103.50 in Mumbai, while the NSE Nifty 50 Index climbed by a broadly similar magnitude. The Sensex completed its fifth consecutive session of gain, its longest winning streak since mid-November, to close at a new high.