Indian markets will resist jolt from riots

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Indian markets will resist jolt from riots, says ugalani:

India’s NSE Nifty 50 Index has fallen more than 3.5% since the close of trade on Feb. 20.

Foreign investors turned net sellers of Indian equities on Feb. 24 and Feb. 25 but were net buyers in the month to date, according to data from the Securities and Exchange Board of India compiled by Moneycontrol.

 

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