Markets:
Sensex zips past 6700 level Monday morning
Mumbai: Monday morning the BSE Sensex zoomed past
the 6700-level to hit a new all-time high, marking a gain
of 70 points. The Nifty too breached the 2100-level to
quote at 2102. The CNX Midcap 200 crossed the 2800 mark
to chart an all-time high level as well.
"There
might be a pre-budget rally starting now. The mid-caps and the blue chips
are likely to do well over the next 10 days or so," said Vibhav Kapoor,
Group Investment Strategist, IL&FS.
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Weekly
Report: FIIs net buyers of equities at Rs880 crore
Mumbai: The foreign institutional investors (FIIs) recorded net purchases
of Rs880 crore ($201.1 million) in equities for the trading week ended February
11, along with the Mutual funds (MFs) who were net purchasers at Rs46.2
crore. While
the foreign funds were net sellers at Rs153.7 crore ($35.1 million) in the
debt market for the period under review, the mutual funds were net purchasers
at Rs586.85 crore, according to the data available with the Securities and
Exchange Board of India (SEBI) here. Overseas
funds were net buyers in equities on all five trading days of the week,
while the MFs were net purchasers in the equity market on all trading days
except on February 7. During
the week under review, the Sensex gained 15.53 points to close at 6633.76
points.
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to News Review index page Pantaloon
equity share allotment
Mumbai: Pantaloon Retail (India) Ltd has informed the Bombay Stock
Exchange that the meeting of the committee of directors, held on February
11, has allotted 9,53,653 equity shares of Rs10 each at premium of Rs724.02
per share to Bennett, Coleman & Company Ltd, pursuant to the approval
of the shareholders at the extraordinary general meeting held on February
4.
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