He believes the development sector and the expected decrease greenback will drive the expansion of commodities in India. Bhasin additionally says he is very bullish on commodities and therefore continues to have chubby on the metallic stocks. India’s Vishal Mega Mart plans a $1 billion IPO to value the finances grocery store chain at up to $5 billion. Reliance Industries Ltd will announce its March quarter results on April 22.
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This expansion means extra jobs, improved local economies, and continued entry to a extensive range of products at competitive prices. Avenue Supermarts Ltd., incorporated within the year 2000, is a Large Cap firm (having a market cap of Rs 312,387.sixty six Crore) operating in Retail sector. The largest stock winners in India’s renewable sector at the moment are all facing the problem from minuscule earnings, which has sent valuations through the roof.