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Delayed 15 min · 16:28 GMT

FLASH

China industrial profits jump 14.4% in September on AI demand South Korea Q3 GDP grows 1.0%, triple the central bank’s forecast Wall Street lines up $63B to fund Broadcom AI chips for Anthropic Brazil’s Ibovespa crashes ~14% after Lula’s surprise runoff win Central banks' super week: Fed, ECB, BoJ seen holding; Canada may hike Moody’s spares France a downgrade as 10-year yield tops 5% Oil slips from six-month highs as Qatar mediates in Tehran China’s Fifth Plenum opens as AI exports mask weak home demand Lula wins, Brazil markets brace for shock sell-off; Tokyo Brazil ETF plunges ~15% Brazil votes today: Lula faces Flávio Bolsonaro in runoff

China industrial profits jump 14.4% in September on AI demand South Korea Q3 GDP grows 1.0%, triple the central bank’s forecast Wall Street lines up $63B to fund Broadcom AI chips for Anthropic Brazil’s Ibovespa crashes ~14% after Lula’s surprise runoff win Central banks' super week: Fed, ECB, BoJ seen holding; Canada may hike Moody’s spares France a downgrade as 10-year yield tops 5% Oil slips from six-month highs as Qatar mediates in Tehran China’s Fifth Plenum opens as AI exports mask weak home demand Lula wins, Brazil markets brace for shock sell-off; Tokyo Brazil ETF plunges ~15% Brazil votes today: Lula faces Flávio Bolsonaro in runoff

Industries

India Retail: Trent hits 10% upper circuit as Zudio crosses 1,000 stores

The Tata retailer's Q2 revenue jumps 23%, and HSBC sees 32% more upside

Market Signals | 6 October 2026

India Retail: Trent hits 10% upper circuit as Zudio crosses 1,000 stores

India's fashion-retail darling is back in favour after a slower first half.

India's fashion-retail darling is back in favour after a slower first half.

Trent shares jumped more than 10% to hit the upper circuit on October 6 after the Tata retailer's Q2 business update.

Standalone revenue rose 23% year on year. Zudio passed the 1,000-store mark during the quarter, and Trent added 10 Westside stores. Its total store count reached 1,342 as of September 30, up from 1,101 a year earlier.

HSBC rates the stock a Buy with a ₹3,390 target, about 32% above its pre-rally price.