Reported about 1 year ago
Global investors have returned to Indian stocks, driving equity gauges to new all-time highs. Foreign buying exceeded $4 billion since the start of June, offsetting earlier sales and indicating confidence in India's economic fundamentals. The resurgence in foreign investments, along with strong domestic flows, propelled the NSE Nifty 50 index to record levels. India's market appeal is bolstered by stable economic growth expectations and the potential for central bank rate cuts, while geopolitical concerns in other regions further enhance the attractiveness of Indian stocks.
Source: YAHOO