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Year’s First Trillion-Dollar Bull Market Is Nearing in India
- Sensex up 16% from February low as global funds pile in
- Earnings, rain and GDP optimism overshadow valuation concerns

Indian labourers hang a banner bearing the image of Indian Prime Minister Narendra Modi ahead of the forthcoming Parivartan Rally in Allahabad on June 9. Modi has opened sectors such as railways and defense, helping draw record foreign direct investment in 2015, narrowed the current-account gap by curbing gold imports, quickened infrastructure building and limited the budget deficit to a nine-year low.
Photographer: Sanjay Kanojia/AFP via Getty ImagesUpdated on