Infotech, pharma stocks trigger rally; Sensex surges 98 points
Info-tech and pharma stocks once again provided the much needed trigger point for the markets. The BSE-30 share Sensitive index breached the crucial barrier of 2,900 points to close at 2,973.37 points, registering a net gain of 98.28 points.

Telco's stock zooms on news of stake hike
The move by Tata Sons to hike its stake in Telco by another 3% through the market route set the stock soaring on the bourses on Monday to Rs 152.5.

FII inflows unlikely to be positive next year, says Morgan Stanley
Indian stock markets are likely to experience a net outflow of funds during 1999, continuing the trend that plagued the bourses in 1998, a top official in a leading foreign institution said here today.

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