Alcohol builds up as stores reopen
Mumbai: The government's decision to allow stores to open in most districts of the country led to the hectic purchase of shares in companies that make and sell alcohol on Monday. Players believe that since alcohol sales contribute greatly to the government of state governments, it was the need for money that led the government to allow the sale of liquor.
Among the main alcohol stocks, it recovered 4.4%, but closed with marginal gains, while it closed 3.4% more. The biggest winner was Alcohols&breweriesassociateswhoclosed17%higher.thecompanymarketsalargenumberofleadingforeignandindianbrands.thegainsinthealcoholstockscameonadaythatthesensexcrashed6%.