Foreign institutional investors (FIIs) offloaded consumer-centric stocks worth Rs 9,477 crore in October, even as they poured Rs 13,279 crore into the financial space, data from ACE Equity showed. Interestingly, the selling in consumer stocks came despite the rollout of GST 2.0, a tax reform aimed at boosting consumption.Read More
The combined market valuation of seven of the top-10 most valued firms eroded by Rs 88,635.28 crore in a holiday-shortened last week, with Bharti Airtel and Tata Consultancy Services taking the biggest hit, in line with the weak trend in equities.Read More
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