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Last updateFri, 22 Nov 2013 4am

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Stocks Update

Indian stocks rose to the highest level in three weeks as the U.S. Federal Reserve boosting its economic assessment overshadowed faster-than-estimated growth in the nation’s inflation rate.


ICICI Bank Ltd. (IBN), the nation’s largest non-state-run lender, jumped to its highest close since Feb. 22, pacing a rally among its peers. Larsen & Toubro Ltd. (LT), the biggest engineering and construction, gained 2.6 percent, extending a four-day winning streak. Infosys Ltd. (INFY), which gets more than 90 percent of sales from abroad, climbed for a second day. Full story