Indian stocks climbed, ending a five- day drop, as drugmakers and materials producers advanced. Coal India jumped the most in four months after it said it will consider paying an interim dividend. Drugmaker Cipla has the biggest gain since September while Sun Pharmaceutical Industries climbed for the sixth day. Hindalco Industries rose to a two-month high. The S&P BSE Sensex added 0.2 per cent to 20,727.08, according to preliminary closing prices in Mumbai . The gauge retreated 2.3 per cent since the start of the year amid a slowdown in manufacturing output, the fastest consumer-price inflation in at least two years and economic growth that's stayed below five per cent for four straight quarters.
Most Popular Stories
- Obama Administration Releases Proposal to Regulate For-Profit Colleges
- Apple, HP, Intel May Take a Hit from Slowdown in Smartphone Sales Growth
- Elizabeth Vargas' Husband Marc Cohn Addresses Rumors
- Keurig Adds Peet's coffee, Alters Starbucks deal
- Motley Crue's Nikki Sixx Marries Model Courtney Bingham
- FDIC Files Lawsuit on Behalf of Banks Allegedly Hurt by Libor Scandal
- U.S. to Relinquish Gov't Control Over Internet
- Chinese e-Commerce Giant Alibaba Gears for IPO in U.S.
- Some California Cities Seeking Water Independence
- Will Missing Malaysian Jet Prompt Aviation System Change?