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India s equity benchmarks, the Nifty and Sensex, reached new highs as they climbed over 1% each for the third consecutive session. Financials, automobiles, and IT shares led the surge. The market capitalisation of BSE-listed firms also hit a record high. Foreign portfolio investors (FPIs) were net buyers for the third straight session, with FPIs and domestic institutional investors (DIIs) collectively contributing to the market s gains. India s strong economic outlook and attractive investment opportunities are attracting global attention, particularly as economic activity in China has slowed.

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