Most Indian stocks advanced, paring a weekly decline, before the government releases monthly data on inflation and industrial output today.

Bharti Airtel Ltd. (BHARTI), the top mobile-phone operator, rose for the first time in four days. Hero MotoCorp Ltd., the largest motorcycle maker, climbed the most in a week. Tata Power Co. (TPWR), the biggest generator outside state control, gained for a second day this week.

Three stocks fell for every two that rose on the S&P BSE Sensex (SENSEX), which added 0.2 percent to 27,666.81 at 10:46 a.m. in Mumbai. That cut the week’s loss to 2.9 percent, the steepest since the five days through Oct. 17. Gains in consumer prices probably rose to 4.4 percent in November, the least since the index was created in early 2012, as falling oil prices helped soften the nation’s inflation, a Bloomberg survey shows.

“Inflation is on a downtrend on the back of falling crude and commodity prices globally,” Arun Kejriwal, a director at Kejriwal Research and Investment Pvt., said by phone today. “We expect markets to consolidate at current levels.”

Factory output expanded 2.5 percent from a year earlier in October, the same pace as the previous month, according to a separate survey. The report is due after market hours today.

Bharti Airtel increased 2.3 percent, the best performance on the Sensex. Hero MotoCorp rose 1.4 percent, while Tata Power gained 1.3 percent.

International investors sold a net $ 6.9 million of local shares on Dec. 10, paring this year’s inflow to $ 17.3 billion. The Sensex has risen 30 percent this year and is valued at 15.3 times projected 12-month profits, versus the MSCI Emerging Markets Index’s multiple of 10.8.

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To contact the editors responsible for this story: Michael Patterson at Ravil Shirodkar, Phani Varahabhotla