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Sensex Nifty reach all-time high on FII inflows

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Mumbai: Both Sensex and Nifty rallied to their all-time high in morning trade on fresh buying, mainly in realty, metal, auto, refinery and power sector stocks on persistent foreign capital inflows amid higher Asian cues.

Short-covering ahead of the expiry of futures and options March contract tomorrow also boosted the market.

Tata Steel, which rose 1.54%, said the company had launched the bid-cum-auction process for the sale of its land parcel in Borivali.

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