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Retail stocks surge; talk govt may tackle FDI into sector

Retail stocks surged on Friday on market talk the government may consider opening up the multi-brand retail sector to foreign direct investment, according to dealers.

September 14, 2012 / 15:38 IST

Retail stocks surged on Friday on market talk the government may consider opening up the multi-brand retail sector to foreign direct investment, according to dealers.

Pantaloon Retailsurged 8.5% as of 2.44 p.m., while Trentrose 4.2% and Shoppers Stop advanced 2.2%.

first published: Sep 14, 2012 03:02 pm

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