Indian stocks swept to a fifth successive advance on Wednesday after the coalition government won a crucial parliamentary confidence vote – paving the way for it to pursue stalled reforms.

The BSE Sensex index leapt 5.9 per cent to 14,942.28, its biggest one-day rise for four months and its highest close since June 19. The benchmark has now climbed 18.8 per cent over the course of the last week, although it remains 26 per cent down since the start of the year.