Indian shares advanced on Monday, led by an uptick in financials while improved global cues due to a weekend debt ceiling deal in the U.S. added heft
"The outlook is positive, and investors should buy on dips," said Deven Mehata, equity research analyst at Choice Broking. "Traders may feel the fear of missing out on the rally and may buy on the higher side, but it's advisable to buy on dips."an agreement over the weekend to avert a default to suspend the $31.
4 trillion debt ceiling until 2025, ahead of the June 1 deadline. The deal will have to pass through the U.S. congress. Asian markets edged higher.is closing in on the record high of 18,887.60 levels. Sustained foreign inflows into Indian equities have supported the rise.3.50 billion rupees of Indian shares on Friday. FIIs have been net buyers in Indian stocks in 21 of the last 22 sessions.
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