Despite an overhang of falling GDP growth, foreign... moreDespite an overhang of falling GDP growth, foreign investors continued to remain bullish on India with robust foreign inflows driving Indian equities to a record high on Monday as expectations around fresh government stimulus gained further momentum. Benchmark indices gained over 1% on hopes that the Reserve Bank of India may reduce interest rates further to infuse fresh liquidity in the economy over concerns that GDP growth could fall below 5% in the second quarter. Gaining 529.82 points or 1.31%, the Sensex ended at a record high at 40,889.23.
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