Sensex up over 200 points; FIIs net buyers on Monday

Reuters Market Eye - The BSE Sensex rises 1.04 percent and the Nifty gains 1.01 percent, after foreign institutional investors were net buyers on Monday, despite a selloff in emerging markets over military tensions in Ukraine. Although the Nifty fell 0.88 percent on Monday, data showed overseas investors bought Indian shares worth 1.98 billion rupees, extending their buying streak to a 12th day for a total of $765 million. Among stocks of blue chips, ICICI Bank Ltd (ICBK.NS) gains 3.05 percent, while Hindustan Unilever Ltd (HLL.NS) is up 1.67 percent. Bharat Heavy Electricals Ltd (BHEL.NS) gains 1.97 percent after Life Insurance Corp of India bought a 4.66 percent stake in the company on Monday from the government in a block deal totalling 18.89 billion rupees, exchange data shows. Source :  http://in.reuters.com/article/2014/03/04/sensex-nifty-fii-icici-bhel-lic-idINDEEA2303920140304