India’s stock benchmark rose, following a volatile morning, after the central bank governor said the recovery in Asia’s third-largest economy has been stronger than expected. The S&P BSE Sensex added 1% to 44,259.74 at the close in Mumbai, while the NSE Nifty 50 Index climbed by about the same magnitude, erasing earlier losses. Both gauges closed at record highs on Tuesday. Today’s expiry of monthly futures and options contracts likely added to volatility. Governor Shaktikanta Das reiterated that policy will remain accommodative to support growth, while cautioning a resurgence in coronavirus infections remains a risk to recovery. “With Europe and some parts of the US thinking about partial
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