FDI in retail: Which stocks to bet on?
Retail stocks surged 10-20% on Friday as the market cheered the government’s decision to allow 51% foreign direct investment [FDI] in multi-brand retail and 100% FDI in single-brand retail. Pantaloon Retail gained the most, up 17% in morning trade. But is it really a good time to buy retail stocks?
November 25, 2011 / 14:15 IST
Nachiket Kelkar
Moneycontrol.com
Retail stocks surged 10-20% on Friday as the market cheered the government
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!