Most Indian stocks climb

Most Indian stocks climbed, led by power producers and energy companies, amid government data that showed the slowest inflation in almost three years. Bharat Heavy Electricals Ltd., the largest maker of power equipments, headed for a one-month high. Reliance Industries Ltd. (RIL) added 0.8 per cent after the owner of the world’s largest oil-refining complex posted its biggest quarterly profit in six years. Property developer DLF Ltd. (DLFU) plunged a record 26 per cent after the company and its billionaire chairman were barred from raising funds by the regulator for three years.  Three stocks gained for every two that fell on the S&P BSE Sensex (SENSEX), which was little changed at 26,355.39 at 1:41 p.m. in Mumbai after changing direction at least eight times. The gauge fell 1 per cent last week amid a selloff in global equities even as Brent crude fell to a four-year low, paring import costs for the country, which relies on imports to meet about 80 per cent of its oil requirements.