Bernstein Says Discounting has already reduced materially: Grocery discounts have fallen by around 400–500 bps over the last 1–2 months.

The “chaotic” dark-store expansion phase is slowing as major players approach the ~1,000 dark-store threshold needed to cover large cities.

Companies are likely to use more tactical discounts—larger-cart incentives and repeat-customer offers—rather than broad customer-acquisition discounts.

The next phase is about sweating existing stores: Instead of adding more dark stores, players need to drive higher volumes and profitability from their existing network.

Focus is shifting from acquisition to retention

INDIA ALLOWS EXPORTS OF SOME CATEGORIES OF WHEAT, REMOVES RESTRICTIONS - GOVT NOTICE

ETERNAL , SWIGGY ; BERNSTEIN says Quick-Commerce Competitive Intensity Is Finally Easing 🟢🟢

DOLPHINE OFFSHORE says Expect Good Push In Deepwater Drilling | Expect To Add Vessels In Fleet In Next Few Yrs

IRAN'S CURRENCY DROPS TO RECORD LOW OF OVER 2 MILLION RIALS TO THE U.S. DOLLAR

ARCHEAN CHEMICAL:

IIFL says Archean Chemical Is Making Products For The Semicon Industry

RATNAMANI METALS: CO WINS EXPORT ORDER WORTH 2700 CR RS; CO MCAP 17000 CR RS

Onion prices have surged sharply, with the average retail price reaching ₹42/kg — up 45% year-on-year and 19% from last month.

To ease pressure on consumers, the Centre is releasing buffer stocks and running special ‘Kanda Express’ trains from Nashik to Delhi, Chennai, Kochi and Guwahati, where prices are above the national average.

IIFL ON CHEMICAL STOCKS

• SRF: ADD | TP ₹3,095

• Coromandel: ADD | TP ₹2,235

• UPL: REDUCE | TP ₹640

• Gujarat Fluoro: BUY | TP ₹5,150

• PI Industries: REDUCE | TP ₹2,365

VISHAL MEGA MART: Promoter might look to offload some stake AS PER DEALER - NDTV PROFIT 🔴

Note : Stock Up 10 % On Ceo Reappointment Optimism

AMBIt ASSET MANAGEMENT: AUGUST PORTFOLIO HIGHLIGHTS

• Pricing Prowess Fund: Eternal 6.7% | Eicher Motors 5.1% | Phoenix Mills 4.9% | Aegis Vopak 4.6% | Maruti Suzuki 4.1%

• Coffee Can Portfolio: HDFC Bank 9% | Eternal 7% | Eicher Motors 7% | Bharti Airtel 6% | Bajaj Finserv 5%

• Good & Clean: Lupin 6% | Shriram Finance 6%

• Emerging Giants: CCL Products 8%

• Micro Marvels: Down 5.2% since July 2024 launch.

• Pricing Prowess: Up 0.2% since inception vs BSE 500 +0.1% and Nifty 50 -3.1%.

• Coffee Can: Up 13.1% since inception vs Nifty 50 TRI +12.1%.

STOCKS IN FOCUS - NDTV Dealing Room Buzz

• L&T: Expect announcement on wire & cable business next week.

• Havells / Polycab / UltraTech: Expect announcement on wire & cable business next week.

• Persistent Systems: Buying flows seen from DII desk.

• Molbio Diagnostics: Large prominent HNI seen as an active buyer.

• Goodluck India: Buzz of order win announcement expected soon.

SUGAR STOCKS : SUGAR PRICES FELL UPTO ₹ 500/QUINTAL - ZEE BUSINESS 🔴🔴

MACH TRAVEL SOLUTIONS: ENTERS INBOUND TRAVEL BUSINESS ✈️

• Secured its first 3 inbound travel groups from France, Belgium and the US.

• Total 71 international travellers.

• Tours scheduled for October 2026.

• Destinations include Rajasthan, South India and Nepal.

• Marks the company’s entry into serving international travellers coming to India and the region.

S&P Assigns `BBB’ Rating To ICICIBank’s $1 Bn Sr Unsecured Notes

IndiGo to start non-stop flights between Gaya, Bihar and Bangkok from October 26, operating twice weekly.

AFCONS INFRASTRUCTURE:

CO RECEIVES ARBITRAL AWARD OF ₹335.50 CRORE IN FAVOUR AGAINST UPEIDA

IEA CHIEF BIROL:

NOT DISCUSSING A SECOND RELEASE OF STRATEGIC OIL RESERVES AT THIS TIME

FIRST STRATEGIC RELEASE IN MARCH WAS 400 MILLION BARRELS, OR 20%, WITH 80% STILL LEFT

IEA CHIEF BIROL:

WE ARE ALWAYS FOLLOWING THE MARKETS VERY, VERY CLOSELY

IEA CHIEF BIROL:

WORRIED ABOUT EUROPE GAS SITUATION THIS WINTER BECAUSE OF LOW STOCKS, MIDDLE EAST SUPPLY DISRUPTION, END OF RUSSIAN LNG GAS SUPPLY

TRSY SEC BESSENT COULD TAP NEAR $1 TRILLION TREASURY GENERAL ACCOUNT TO FUND BOND BUYBACKS, SOURCES SAID