US EditionBlock Trades Power India Stock Trading Value to Seven-Month High
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Block Trades Power India Stock Trading Value to Seven-Month High
A spate of block trades has pushed India’s cash equity trading value to a nearly seven-month high.Daily turnover has reached almost $14 billion, the highest since early November, according to data compiled by Bloomberg. The revival follows a drop to below $11 billion in early March, when significant foreign fund outflows pushed local shares to multi-month lows.Indian Bourses’ Turf War Over Derivatives Market Heats UpA swift rebound in Indian equ…
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