Businesses and thereby sectors which fit in this criteria right now are certain sub-pockets of consumption, particularly in terms of organised value retailing, certain consumer discretionary space and food delivery, quick commerce.
At its second buyback auction of FY26, the RBI received bids worth Rs 53,031 crore against a notified Rs 26,000 crore, accepting 99% of it.
SBI Mutual Fund purchased a 3.6% stake in Asian Paints from Reliance Industries for Rs 7704 crore, marking one of India’s biggest bilateral block deals.
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