India stocks close at 2-year high as investors bullish on Modi
April 03, 2017 at 22:14 PM EDT
Indian stocks reached a new high Monday, powered by foreign funds optimistic the country’s prime minister, Narendra Modi, will use his growing popularity to accelerate the pace of change and keep Asia’s third-largest economy expanding as much of the world struggles with slowdowns and uncertainty about how President Donald Trump’s policies will affect trade.