Will Parliament give buy call on retail stocks?

The Government decision to allow enhanced foreign direct investment in multi-brand retail may be the game changer at the markets. But these stocks will come under renewed focus this week as the Lok Sabha will discuss the issue on December 4 and 5 with voting provision. Similarly, the voting will take place in the Rajya Sabha on December 6 and 7, where the numbers are stacked up against the Government. Though the Government is confident of passing the Bill in the Lok Sabha, market participants are only cautiously optimistic.