Latest Updates Around The World
Foreign institutional investors (FIIs) offloaded consumer-oriented stocks worth Rs 9,477 crore in October, while pouring Rs 13,279 crore into the financial space, data from ACE Equity showed. Interestingly, the selling off of consumer stocks took place despite the rollout of GST 2.0, a tax reform aimed at boosting consumption. While holiday retail sales rose 8.5%, […]
The Indian markets witness a strong sector and investors balancing optimism of GST-taking, reforms and recovery of the requirement for taking profit and consolidation. According to Amnish Aggarwal, Head of Research, Pabhudas Lilladher, the short -term prospects about cars, defense and it looks mixed, but structural stories remain intact. Car and consumer stocks: Rally and […]
