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MARKET EYE -Foreign investors step up buying of Indian shares
May 14, 2014 / 4:18 AM / 3 years ago

MARKET EYE -Foreign investors step up buying of Indian shares

* Overseas investors have bought Indian cash shares and index
futures worth 63.39 billion rupees ($1.06 billion) in the three
sessions from Friday to Tuesday.
* Foreign investors bought Indian cash shares worth 45 billion
rupees ($752.76 million) and index futures worth 18.4 billion
rupees in the previous three sessions.
* The net purchases come at a time when shares have rallied to
record highs on widespread expectations that the opposition
party BJP and its allies would clinch a majority in elections
results due to be unveiled on Friday.
($1 = 59.7800 Indian Rupees)

 (abhishek.vishnoi@thomsonreuters.com /
abhishek.vishnoi.thomsonreuters.com@reuters.net)

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