MUMBAI -- The number of block and bulk stock deals on Indian equity markets rose sharply in May and June as domestic mutual funds' buying spree brought stock prices up from the 10-month low they hit in March.
Equities
Large stock deals soar in India as 'window of opportunity' opens
Such deals surged 26% in June, after rising nearly sixfold in May
Indian equities rose in recent months as the central bank instituted deeper-than-expected rate cuts in a bid to stimulate growth, and as corporate earnings started to show signs of recovery. © Reuters
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