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Indian shares pause after foreign money-fuelled rally
Indian shares ended steady on Thursday, after a rally driven by sustained foreign fund inflows, lower crude oil prices and a cooling global AI trade. Overseas investors have bought $6.43 billion of Indian shares in November, their biggest monthly purchase in more than two years, restoring the market to the fifth largest in the world by market capitalisation, overtaking Taiwan. “The market bias remains positive. If Brent crude prices stay below $100 per barrel, we could very well be looking at record highs for the benchmark indexes before the end of this year,” said Dharmesh Kant, head of equit...
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