The Chinese technology conglomerate has concluded it could likely achieve a valuation of around $4 billion for Freshippo, which is lower than the $6 billion to $10 billion it was targeting when it considered raising a private funding round last year, according to the report.
The Nifty 50 index settled 0.51 per cent lower at a more-than-five-week low of 19,365.25, while the S&P BSE Sensex fell 0.59 per cent to an over-six-week low of 65,151.02, , it stocks, consumer stocks, indian stocks
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