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New Delhi, Nov 8 – A recent global sell-off in artificial intelligence (AI) related stocks has significantly boosted India’s appeal to foreign portfolio investors (FPIs). India, largely seen as a non-AI trade market, has attracted a massive net inflow of Rs 45,970 crore in November so far, with FPIs aggressively buying into Indian equities. This strong influx has propelled the Nifty index upwards by a remarkable 8.6 percent. Foreign institutional investors (FIIs) have focused their buying on heavyweights in the financial, IT, automobile, and telecom sectors. Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Investments Ltd., highlighted that India’s impressive…
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