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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
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Nachiket Kelkar
Moneycontrol.com

Retail stocks surged 10-20% on Friday as the market cheered the government

first published: Nov 25, 2011 11:55 am

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