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A file photo of BSE building in Mumbai. Photo: Mint

Indian stocks climbed, with the benchmark index rising to a one-week high, as industrials and energy companies advanced.

The S&P BSE Sensex jumped 0.9% to 28,188.57 at 11:14am in Mumbai. Investor concerns have eased as Greece’s agreement with creditors reduced the likelihood that the nation will exit the European Union and data showed China’s economy is stabilizing. An increase in spending by Prime Minister Narendra Modi’s government has buoyed sentiment, according to Arthveda Fund Management Pvt.

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