* Ashok Leyland gains 4.8 percent, advancing for a
fourth consecutive session as India's second-biggest bus and
truck maker continues to benefit after beating estimates with
its July-September earnings last week.
* Bank of America-Merrill Lynch raised the stock rating to 'buy'
from 'underperform' and its price objective to 32 rupees from 23
rupees in a note dated Nov. 12 after stronger-than-expected Q2
* Ashok Leyland shares had gained 12 percent over the previous
three trading sessions.