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Hashem Safieddine, poised to succeed slain Hezbollah chief Hassan Nasrallah, was the target of an Israeli strike in Beirut. Safieddine's status is uncertain as reports suggest he might have survived. Lebanon is preparing for Nasrallah's cremation, while Hezbollah and Lebanese authorities have not confirmed Safieddines fate.
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Shares of DMart fell by 5% to Rs 4,701.90 following a 14% growth in standalone revenues to Rs 14,050 crore for Q2 and the addition of 6 new stores. Brokerage firms have mixed views; Macquarie is optimistic, Goldman Sachs recommends selling, while Morgan Stanley remains positive.
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Citi has given Varun Beverages a 'Buy' rating with a target price of Rs 800, citing strong market position and growth prospects. Despite this, shares fell 3% to Rs 570. HSBC also rated it 'Buy' at Rs 780, highlighting potential for market share gains through innovative marketing.
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