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NEW DELHI, Sept 28: Indian Finance Minister P. Chidambaram on Friday told investors “to do their homework” before investing in the domestic share market that has raced to new highs on the back of overseas fund flows.
The advice came as the benchmark Sensex index of the Mumbai stock exchange climbed 140.54 points or 0.82 per cent to a record 17,291.1, beating the previous best of 17,150.56 on Thursday.
The index has set new highs on eight successive trading days.
“My advice to investors is that they should do their homework,” Chidambaram told reporters in New Delhi.—AFP
