Foreign investors turn net buyers of India stocks amid trade turmoil

Stimulus hopes and tariff talks fuel triple rally with bonds and rupee

20250501N India stock exchange

India's benchmark Sensex stock index logged its highest close in four months on April 29. © Reuters

FUMIKA SATO

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 monetary 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.

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