Nifty stock-index futures gained as the underlying gauge rose to a record and foreign investors bought the most Indian shares in four months.

SGX CNX Nifty Index futures for November delivery rose 0.2 percent to 8,403 at 9:35 a.m. in Singapore. The underlying CNX Nifty Index (NIFTY) added 0.1 percent to 8,344.25 yesterday. The S&P BSE Sensex (SENSEX) was little changed. The Bank of New York Mellon India ADR Index of U.S.-traded shares fell 0.2 percent.

International investors bought a net $ 483.7 million of Indian stocks on Nov. 7, data showed yesterday. That extended this year’s purchases to $ 14.85 billion, the most among eight Asian markets tracked by Bloomberg.

“Markets are still upbeat and India is still attracting foreign inflows,” Hiren Dhakan, an associate fund manager ​at Bonanza Portfolio Ltd., wrote in an e-mail yesterday.

Power Grid Corp of India Ltd., the state-run utility that transmits about half the electricity generated in the nation, may report today that second-quarter profit rose 3 percent from a year earlier to 12.8 billion rupees ($ 208 million), according to the median estimate of 29 analysts in a Bloomberg survey.

Shares of Jain Irrigation Systems Ltd. (JI), India’s largest irrigation-equipment maker, may be active. The company reported a quarterly loss of 235.9 million rupees, compared with a forecast 121 million profit.

The Sensex has increased 32 percent this year, the best performer among the world’s 30 biggest markets, and is valued at 15.6 times projected 12-month earnings, compared with the MSCI Emerging Markets Index’s multiple of 11.

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