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Foreign Investors Become Net Buyers of Indian Equities, Purchasing Over $3.8 Billion
Foreign investors have turned to Indian equities, with net purchases topping $3.8 billion, after dumping $26.7 billion in the first six months of the year. This shift is attributed to a correction in artificial intelligence-related stock valuations and brisk economic activity in India. However, analysts caution that sentiment could reverse if oil prices spike.
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