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Foreign investors step up buying in Indian equities

Foreign investors bought cash shares worth Rs 45 billion ($752.76 million) and index futures worth Rs 18.4 billion in the previous three sessions.

Abhishek Vishnoi | May 14, 2014 | Updated 11:32 IST
Foreign investors step up buying in Indian equities
(Photo: Associated Press)

Overseas investors have bought cash shares and index futures worth Rs 63.39 billion ($1.06 billion) in the three sessions from Friday to Tuesday.

Foreign investors bought cash shares worth Rs 45 billion ($752.76 million) and index futures worth Rs 18.4 billion in the previous three sessions.

The net purchases come at a time when shares have rallied to record highs on widespread expectations that the Bharatiya Janata Party and its allies would clinch a majority in elections results due to be unveiled on Friday.

(Reuters)

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