Emerging market equities kicked off the week on a strong note with Indian stocks scaling their latest record high yet, while investors assessed data that showed inflation in Turkey remained high, upping the pressure for tight monetary policy. India's benchmark Nifty 50 index climbed 0.2% on Monday as investors bet on the south Asian country's strong economic growth. Ratings agency Moody's sharply raised its 2024 gross domestic product (GDP) forecast for India to 6.8% from 6.1%.
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