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27 May, 2015 17:11 IST
Retail stocks gain as DMK supports govt on FDI
Source: IRIS | 27 Nov, 2012, 01.45PM
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Major retail stocks gained on Tuesday after ruling UPA ally Dravida Munnetra Kazhagam (DMK) said it will support the government on the issue of Foreign Direct Investment (FDI) in retail.

The DMK was so far opposed to the opening up of retail sector to foreign chains.

Pantaloon Retail (India) climbed the most with rise of 5.47%, followed by Koutons Retail India (4.92%), Trent (2.64%) and Shoppers Stop (1.36%).

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