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Indian stocks close higher

Xinhua, January 12, 2015 Adjust font size:

Indian markets gained for the third straight session on Monday with benchmark Sensex surging nearly 127 points to one week closing high on late buying in blue-chips ahead of retail inflation and IIP data.

The Sensex closed 0.46 percent, or 126.8 points, higher at 27, 585.27, while the 50-share Nifty index of the National Stock Exchange rose 0.46 percent, or 38.50 points, to end at 8,323 points.

So far in 2015, the Sensex has fallen 0.32 percent, while foreign institutional investors have sold 351.60 million U.S. Dollars from local equity markets and bought 402.30 million dollars from the debt market. Endi