Unprecedented flow of easy money keeps Indian stocks on bull run

The nation's NSE Nifty 50 Index is among Asia's top gainers this month, beating the regional benchmark by about 4 percentage points

Traders are betting India’s record-breaking stock rally still has legs, fueled by expectations of continued dovish monetary policy even as inflation fears deepen.
 

The nation’s NSE Nifty 50 Index has more than doubled from a March 2020 low -- one of the best performers in the world over the period and testing new peaks almost every month. It is also among Asia’s top gainers this month, beating the regional benchmark by about 4 percentage points.

Breaking with other emerging-market central banks that have either hiked or indicated higher rates, the Reserve Bank of India has held a dovish stance as