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Indian shares extend rally as earnings, cooling crude draw foreign buyers
Indian shares rose for a fourth straight session on Tuesday, buoyed by strong corporate earnings, easing oil prices and early signs of revival in foreign investor inflows. The benchmark Nifty 50 gained 1.58% to 23,810.85, and Sensex rose 1.62% to 76,917.85. Both indexes have gained about 5% over four sessions and closed at two-month high levels. The gains contrasted with subdued Asian markets, where technology stocks fell ahead of voting in the US midterm elections, as Indian equities were seen as a hedge against the global artificial intelligence trade. Thirteen of the 16 major sectors advanc...
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