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Indian shares rise on foreign flow optimism; financials, autos lead
Indian share benchmarks closed higher on Wednesday, as easing crude oil prices and caution around global AI investments bolstered expectations of foreign inflows into Asia’s third-largest economy. The Nifty 50 rose 0.84% to 25,255.05 and the Sensex gained 0.95% to 81,879.4, their highest close since February 26. They have soared nearly 10% so far in November, outperforming emerging market peers. Foreign investors have poured in nearly $6 billion in November, their biggest monthly purchase since September 2024. The inflows mark a sharp improvement from two years of net outflows, as India offers...
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