(Bloomberg) -- Indian funds bought more than $1 billion of shares daily for three straight sessions through Monday, helping absorb large sales by foreign investors amid a rotation into China’s rebounding markets.
Domestic institutions, including mutual funds and insurers, bought equities of over $4 billion in the three sessions, according to data compiled by Bloomberg.
Stocks in India fell for six straight days before advancing on Tuesday amid withdrawals of about $5.4 billion by global funds since the start of last week.
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