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Future group shares in focus; Future Consumer surges 9%

Future Market Networks, Future Enterprises, Future Retail and Future Lifestyle were up in the range of 5% to 18% on the BSE.

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A woman pushes a shopping trolley at a food superstore in Ahmedabad (Photo: Reuters)

SI Reporter Mumbai
Shares of Kishore Biyani-led Future Group companies have rallied by up to 9% after the world's biggest retail company Walmart Inc sealed a deal worth $16 billion for a majority of stake of 77% in India's e-commerce giant Flipkart on Wednesday.

Future Consumer has surged 9% to Rs 61.95 on the BSE on back of three-fold jump in trading volumes.

Future Market Networks (up 18% to Rs 148), Future Enterprises (17% at Rs 42.50), Future Retail (6% to Rs 609), Future Lifestyle (5% at Rs 479) and Future Supply Chain Solutions (3% at Rs 698) were up in