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Record FPI inflows in November push Sensex near nine-month high

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Foreign portfolio investors pumped over Rs 73,200 crore into Indian equities in November, marking a strong revival in their buying. The inflows lifted benchmark indices such as the Sensex and Nifty to new highs. Investor confidence strengthened on the back of falling crude oil prices and supportive corporate earnings. Total market capitalisation rose above Rs 510 lakh crore as a result. Analysts expect the upward momentum to persist.

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