[ad_1] Mumbai: Foreign investors gorged on FMCG (fast-moving consumer goods) stocks in the first half of March, with net purchases touching a four-year high of ₹11,180 crore, according to data from National Securities Depository Ltd (NSDL). Comparatively, the figure was ₹662 crore in the same period last year. Sovereign wealth fund GIC’s (Government of Singapore Investment Corporation) ₹3,664.1-crore purchase of 91.5 million shares of ITC, offloaded by British American…
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[ad_1] HDFC Bank, HUL and Asian Paints have for long been the undisputed leaders of their industries. But the stocks’ recent spell of underperformance has starkly demonstrated the market’s most pervasive disclaimer—past performance is no guarantee of future results. And yes, size does matter. [ad_2] Source link
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