Indian Shares Rise on Foreign Inflows
Indian share benchmarks closed higher as easing crude prices and foreign inflows bolstered market sentiment. Financials and auto stocks led the broader sectoral gains on Wednesday.
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India's Nifty 50 rose 0.84% to 25,255.05 and the Sensex gained 0.95% to 81,879.4 on Wednesday, driven by foreign inflows and easing crude prices. The benchmarks reached their highest close since February 26, outperforming emerging market peers with a 10% gain in November. Foreign investors poured $6 billion into the market during the month, marking the largest monthly purchase since September 2024.
