Market Soars to 5-Month Highs as Foreign Funds and Low Inflation Boost Sentiment
In a remarkable display of resilience, the Indian markets shrugged off any lingering concerns stemming from the Karnataka state elections and surged to nearly five-month highs on Monday. The benchmark indices closed with substantial gains, propelled by uninterrupted foreign fund inflows that overshadowed worries about weak quarterly earnings and the impact of El Nino on…
Newsgazette