FII funds gusher fuels rally

Stocks Report

 Meanwhile, the broader NSE S&P CNX Nifty too rose 28.45 points to settled at 1,449.30. Traders said the market is riding strong on continued buying by foreign funds stoked by hopes of strong economic growth after the good monsoon rains.

 Cement, pharma and banking stocks were among other leading gainers. However, state-run firms were in the limelight ahead of the cabinet committee on disinvestment meeting. The disinvestment meeting is in focus, all eyes are on what will transpire there and we are hopeful some progress will be made,