SINGAPORE — Foreign investors bought more Indian stocks than they sold for the first time in four months in April, betting on the economy’s domestic focus to shield it from tariffs and geopolitical risks.
The benchmark Sensex index closed at 80,288 on Tuesday, its highest since December, as hopes for an economic boost from monet easing and stimulus measures lifted shares in big financial institutions such as ICICI Bank and HDFC Bank. The index remained high on Wednesday despite a marginal decline to 80,242 on Wednesday.
