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Jan rally: Sensex posts highest gains since Sept '10, FIIs pump Rs 11K cr

Tue, Jan 31, 2012 at 18:22

| Source: Moneycontrol.com
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MARKET RISES 11% IN JAN ON HUGE FII INFLOW


>January rally due to sharp appreciation in rupee, value buying by institutional investors, rate cut hopes, eurozone progress, better US economic data and Fed's decision to keep rates near zero till the 2014; Nifty rises 12.4%
>FIIs buy nearly Rs 11,000 cr worth of shares - highest ever since Nov 2010
>BSE Capital Goods, Bank, Metal, Realty indices up 22-24%
>Auto, Oil & Gas, Power up 13-15.6%; FMCG up 1%; IT up 0.5%
>Midcap up 14%; Smallcap up 16.5%

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