(Bloomberg) -- India’s stock trading volume climbed to a record amid a strong recovery in broader market and foreign buying. 

The 10-day moving average volume on the nation’s two exchanges rose to $21 billion on Wednesday, a jump of about 50% over the past month, according to Bloomberg-compiled data.

Indian equities tested new record highs in recent sessions as signs emerged that Prime Minister Narendra Modi can continue to pursue reforms even with the new coalition government. Indian stocks witnessed a record meltdown on June 4 after results showed Modi’s party failed to win a majority in the lower house of parliament. 

READ: Global Money Has Started Tiptoeing Back Into Indian Equities 

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