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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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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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domain-B : Indian business : News Review : 14 February 2005 : markets