Tag Archives: Indian shares continue to ride Modi rally; utilities

Indian shares inched higher on Monday, boosted by gains in utility and financial stocks, as cheer over Prime Minister Narendra Modi’s return for a second term in office continued to buoy investor sentiment. Modi-led Bharatiya Janata Party (BJP) witnessed a landslide victory in the general election results on Thursday and markets have been jubilant over hopes that the prime minister …

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