Shares of most staples companies in India, from HUL, to Nestle India to ITC, or even Avenue Supermarts, have corrected between 20% to 30% from their peak so far.

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Media reports suggest one firefighter was among the several injured in the Palisades fire that mapped Santa Monica Mountains.

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ITC shares have remained under pressure post demerger of ITC Hotels, hitting a low of Rs 437.10 today. Should investors BUY, ...