Indian (SENSEX) stock-index futures gained after the benchmark index fell the most in two weeks yesterday.

SGX CNX Nifty Index futures for October delivery rose 0.6 percent to 6,108 at 10:02 a.m. in Singapore. The underlying CNX Nifty (NIFTY) Index dropped 0.7 percent to 6,045.85 yesterday. The S&P BSE Sensex fell 0.6 percent, the largest decline since Sept. 30. The Bank of New York Mellon India ADR Index of U.S.-traded shares rose 0.7 percent.

Profits at all five Sensex companies that have reported earnings for the quarter ended Sept. 30 so far have beaten or matched estimates. International investors were net buyers of Indian stocks for a ninth straight day on Oct. 15, data from the regulator showed yesterday, the longest series of purchases since May.

“Fund flows have been strong, plus corporate results have been better than expected,” Arun Kejriwal, director at Kejriwal Research & Investment Services Pvt. in Mumbai, said by phone today. “What remains to be seen is how companies results in the latter half of the earnings season play out.”

International investors bought a net $ 186 million of local stocks on Oct. 15, extending this year’s inflow to $ 14.5 billion, data from the regulator show. That’s the second-largest after Japan among 10 Asian markets tracked by Bloomberg.

Larsen & Toubro Ltd. (LT), India’s largest engineering company, may report today that its second-quarter profit dropped 22 percent to 8.93 billion rupees ($ 146 million), from 11.4 billion rupees a year earlier, according to the median of 30 analysts in a Bloomberg survey.

The Sensex has risen 5.1 percent this year and is valued at 14 times estimated 12-month profits, compared with the MSCI Emerging Markets Index’s 10.8 times.

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