V-Mart Retail, V2 Retail and Shoppers Stop fall between 2 and 10 percent intraday on Tuesday after D-Mart saw a stellar listing.
U.S. stocks extend hot streak amid surge in energy, retail stocks
When rates rise, bond prices fall. With rates at historical lows, there is only one direction for interest rates to trend and that is upward.
Retail stocks will be in focus for the next couple of days as the cabinet is likely to take up the multibrand retail foreign direct investment (FDI) policy on Thursday. Sources say that the Cabinet could relax some FDI norms for multibrand retail. CNBC-TV18's Rituparna Bhuyan reports.
SP Tulsian, sptulsian.com is positive on retail stocks. One may see the re-run of all retail stocks once the profit booking gets over and maybe the correction can happen by about 2-4 percent from hereon further.
A majority of retail stocks slipped at the end of the Tuesday's session on the BSE in reaction to the debate initiated by the Leader of Opposition in the Lok Sabha Sushma Swaraj on Tuesday on FDI in multi-brand retail.
The Indian market has been subdued over the last many sessions. In an interview to CNBC-TV18, Sudarshan Sukhani, s2analytics.com says the next level of support for the Nifty is 5,400.
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.
SP Tulsian of sptulsian.com tells CNBC-TV18 that real estate companies and the smaller retail stocks are names investors should avoid in the market.
Today retail stocks are in buzz after the single brand retail press note got approval by DIPP (Department Of Industrial Policy & Promotion ), reports CNBC-TV18.
Retail stocks came under selling pressure on Monday, due to likely protest by opposition parties to the FDI Bill in the Parliament.