The Latest Breaking News from Veer Sharma

Dabur shares rise 4% as firm sees double-digit Q2 growth; FMCG set for strong performance

Dabur shares rose sharply on Tuesday after the FMCG major projected double-digit consolidated revenue and PAT growth in Q2FY27. Its India FMCG business is expected to accelerate, while Home & Personal Care could post double-digit growth. Food and Beverages may deliver mid-teens growth, while international business is expected to maintain…

The Economic Times · 2h ago

Meesho shares jump 6% as content commerce NMV grows 152% in Q2. Buy, sell or hold the stock?

Meesho shares rose after strong growth in its Content Commerce business, with NMV increasing 152% year-on-year. Brokerages remain divided, with UBS and Jefferies positive on the stock, while Nomura has a Reduce call.

The Economic Times · 3h ago

Why junk bonds deliver equity-like returns but with far inferior volatility, explains Saurabh Mukherjea

High-yield bonds, often labelled “junk”, have historically delivered a large share of stock market returns with lower volatility. Saurabh Mukherjea explains how coupons, seniority in repayment and diversification can make them useful in portfolios.

The Economic Times · 3h ago

Sterlite Tech shares jump 4% as Nomura initiates coverage forecasting nearly 50% upside in 2026 multibagger. Here’s why

Nomura initiated coverage on Sterlite Technologies with a Buy rating and Rs 1,350 target, implying 48.5% upside. The brokerage expects strong optical fibre demand, data-centre growth and planned capacity expansion to drive STL’s revenue and margins. Shares have already surged sharply, gaining 430% in six months and 880% year-to-date.

The Economic Times · 8h ago

Trent shares hit 10% upper circuit after Q2 revenue rises 23% YoY to Rs 5,788 crore. Should you buy, sell or hold?

Tata Group retail arm Trent reported a 23% year-on-year surge in Q2FY27 standalone revenue to Rs 5,788 crore, supported by strong growth across Zudio and Westside formats. Global brokerage BofA Securities has initiated coverage on the stock with a Buy rating and a target price of Rs 3,075.

The Economic Times · 8h ago

Oil Price Today (October 6): Crude oil below $101 as supply concerns ease but Houthi attack keeps traders on edge

Brent crude futures gained 20 cents to $100.54 a barrel, while US West Texas Intermediate crude futures rose 12 cents, or 0.13%, to $89.50 a barrel. Oil was little changed after Monday’s decline as traders continued to assess a modest reduction in supply-side concerns.

The Economic Times · 9h ago

Can Nifty break the 8-week deadlock or will pain continue? Here’s what charts indicate

Nifty rebounded after its longest weekly losing streak in 25 years, but technical indicators suggest the broader downtrend remains intact. The index is near key support at 21,743–22,182, while 22,550–22,600 is the immediate hurdle. A break below support could expose Nifty to 19,000 and 16,700.

The Economic Times · Oct 5

ESDS Software shares hit 5% lower circuit, crash nearly 30% in 6 sessions. What's behind the selloff?

ESDS Software shares hit the 5% lower circuit on Monday, extending their losing streak to six sessions and taking the decline to nearly 30%. The selloff follows the expiry of a one-month shareholder lock-in, while weaker sequential Q1 revenue and profit have also raised concerns over the stock’s stretched valuation.

The Economic Times · Oct 5

Crash alert! V2 Retail shares plunge 20% on Q2 business update; festive season shift weighs on growth

V2 Retail shares fell 20% despite a 28.4% year-on-year rise in Q2 FY27 revenue to Rs 905 crore, driven by continued store expansion. Same-store sales growth stood at 0.5% on a festival-normalised basis but declined 14.9% on a calendar basis due to the shift in Navratri and Durga Puja. The…

The Economic Times · Oct 5

HDFC Bank shares rise 2% after appointing Anup Bagchi as new CEO, Q2 biz update. Buy, sell or hold?

HDFC Bank shares rose after Anup Bagchi was appointed as the bank’s new MD & CEO, ending months of uncertainty over its top leadership. Brokerages Jefferies, Morgan Stanley and Citi retained positive ratings on the stock, citing clarity on succession and potential for a re-rating. The bank also reported strong…

The Economic Times · Oct 5