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(Bloomberg) — India’s benchmark equity index rose, led by software exporters as Tata Consultancy Services Ltd. gave the measure its biggest boost.



a man standing next to a tree: Pedestrians stand outside the Bombay Stock Exchange (BSE) building in Mumbai, India, on Monday, May 20, 2019. Indian stocks rallied the most in more than three years and the rupee and sovereign bonds climbed after exit polls signaled Prime Minister Narendra Modi’s ruling coalition is poised to retain power.


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Pedestrians stand outside the Bombay Stock Exchange (BSE) building in Mumbai, India, on Monday, May 20, 2019. Indian stocks rallied the most in more than three years and the rupee and sovereign bonds climbed after exit polls signaled Prime Minister Narendra Modi’s ruling coalition is poised to retain power.

The S&P BSE Sensex climbed 0.2% to 38,067.58, set for a third day of gains, as of 10:15 a.m. in Mumbai. The NSE Nifty 50 Index advanced by the same magnitude.

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The three-day run of gains has helped trim both gauges’ first monthly losses since May, with overseas investors remaining net sellers of local stocks after four consecutive months of buying.

“In the absence of major cues, it appears to be a traders’ market,” said

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