Indian Stocks Hit Eight-Month Highs as Brent Falls to $89.16

India’s Nifty and Sensex climbed to eight-month peaks during early trading, while a two-month low in Brent crude eased pressure on the country’s oil import bill.

The Nifty reached 25,402.10 and the Sensex 82,467.26. Brent crude fell to $89.16 a barrel, its lowest level in two months.

Foreign portfolio investors put $5.68 billion into Indian equities in November. A separate September tally recorded $3.2 billion in withdrawals from Indian equities and index-eligible sovereign bonds.

The figures cover different asset groups: the September total included bonds, while the November amount covers equities.