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Indian stocks set for pullback after sharp rally on oil slide, foreign inflows
Indian shares are expected to break their winning run on Friday as a rout in global markets triggered a cautious undertone for investors as they assessed the impact of the US Democratic win on AI regulations and foreign policy. Both the Nifty 50 and the BSE Sensex have gained for six sessions in a row, culminating in their best session in seven months on Thursday, aided by lower oil prices and strong foreign fund inflows. Foreign institutional investors bought stocks worth about 150 billion rupees ($1.6 billion), their biggest single-day net purchase in nearly six years, as investors rotat...
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