Foreign investors continue to buy Indian shares

Foreign institutional investors (FIIs) were net buyers of Indian shares for a fourth consecutive session on Tuesday.

FIIs provisionally bought Rs 25.6 billion worth of Indian shares on Tuesday, exchange data shows, and a total of Rs 50.5 billion worth over the previous four sessions.

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Indexes have rallied over the past four sessions, with the broader Nifty up nearly 10 percent in that period, on hopes government will announce steps to boost the economy.

Speculation has centered on measures to attract foreign inflows, curb non-essential imports, and a potential hike in diesel prices that would help improve confidence about the government's finances.