Indian stock-index futures gained after benchmark gauges climbed to all-time highs yesterday.

SGX CNX Nifty Index futures for August delivery rose 0.4 percent to 7,904.5 at 9:37 a.m. in Singapore. The underlying CNX Nifty Index (NIFTY) climbed 1.1 percent to 7,874.25 yesterday. The S&P BSE Sensex (SENSEX) also increased 1.1 percent. The Bank of New York Mellon India ADR Index of U.S.-traded shares added 1.5 percent to a record high.

The Sensex has jumped 25 percent this year, the best performer among the world’s 10 biggest markets, as international investors poured money into the nation’s stocks amid expectations a new government under Prime Minister Narendra Modi would revive economic growth.

“The market can consolidate, and volatility contributed by intermittent profit-booking will continue,” Vinod Nair, head of fundamental research at Geojit BNP Paribas Financial Services Ltd., wrote in an e-mail.

The Sensex’s 100-day volatility index, a measure of price swings, rose to the highest level since March yesterday.

Foreign investors bought $ 206.8 million of local stocks on Aug. 13, taking this year’s inflows to $ 12.3 billion, the most among eight Asian markets tracked by Bloomberg.

The Sensex is valued at 15.4 times projected 12-month profits, compared with the MSCI Emerging Markets Index’s multiple of 11.2.

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To contact the editors responsible for this story: Michael Patterson at Matthew Oakley, Phani Varahabhotla