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Sensex gains further

Stepped up activity by FIIs

MUMBAI: The upbeat mood gathered further momentum on Tuesday and the Sensex soared by another 111 points to end at 8317.80 on hectic buying support on the back of sustained foreign institutional investment inflows right from the beginning of the month.

Renewed vigour and enthusiasm among local investors were largely attributed to foreign institutional investors' strong comeback on November 1 (a brief Moorat session) and 2, during which they reported a huge net investment of around Rs. 1,500 crore in equities.

The Bombay Stock Exchange benchmark 30-share index (Sensex) began moderately higher at 8218.82 and later rallied sharply to the intra-day high of 8353.10 before ending at 8317.80 against 8206.83, a net rise of 110.97 points or 1.35 per cent.

Stepping up activity in the current month, the FIIs pumped in over Rs. 1,000 crore in the Futures segment while making net purchases of Rs. 435 crore in the Cash segment in the initial two days of the month. — PTI

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