Foreign Inflows Fuel Sensex's Biggest Rally in Four Years: Chart

Foreign funds poured $3.4 billion into Indian shares in March through Wednesday, the biggest monthly inflows in two years, as Prime Minister Narendra Modi’s budget restraint and the Federal Reserve’s dovish turn boosted sentiment. That propelled a 10 percent advance for the S&P BSE Sensex, its biggest since January 2012. The gains spread to the rupee, which strengthened 3.3 percent for its best performance since September 2013.

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