Daily briefing

Sunday, 27 September 2026

Meesho tagged, Carrefour plants flag, stores fight back

Delhi desk, 27 September 2026. Value platforms take a valuation hit while hypermarkets and value chains double down on square footage and store-led quick commerce ahead of the festive window.

1. Ecommerce

   Meesho gets Nomura Reduce, stock slips 5%

   Broker flags premium valuation versus peers with stronger cash flows.

2. Retail

   Carrefour plants 50,000 sq ft flagship in Noida

   Franchise model targets 50 stores in NCR-UP cluster first.

3. Retail

   Vishal fulfils qcomm from 767 stores

   Existing network drives 5% plus revenue share without dark-store spend.

4. Retail

   Reliance Retail hits 20,160 stores in FY26

   1,564 additions and JioMart density underpin 11.8% revenue growth.

5. Retail

   Stores still clear the festive basket

   Qcomm owns speed; large format still owns volume and margin.

6. Retail

   Nifty holds 23,140 as durables mix shifts

   Consumer durables cooled after a two-day run even as broader indices eked gains amid yield pressure.