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ZOMATO STOCK CRASH
Nifty in control of FIIs? The unlucky 13 bluechips facing the hardest institutional selloffForeign investors have significantly reduced holdings in many Nifty companies since September 2024. This has impacted top blue-chip stocks,...- Market wrap: Sensex rises 64 points, Nifty closes below 23,250; broader markets crashIndian stock markets saw mixed trading as the Sensex eked out marginal gains while the Nifty slipped into the red. Small and midcap indices...
- Why market crashed today? Sensex plunges 719 points, Nifty closes below 23,150; 7 factors behind Rs 7 lakh crore sell-offIndian equity markets experienced a significant sell-off on Monday, with the Sensex and Nifty declining around 1% each. This downturn was d...
- Why market rallied today? Sensex jumps 1,074 points, Nifty closes above 24,000. 5 factors behind surgeIndian stock markets surged on Monday, with Sensex and Nifty rallying over 1% each, driven by rising hopes of a US-Iran peace deal and fall...
- Sensex drops 600 points, Nifty below 23,450. 6 key factors behind today's D-St routIndian stock markets experienced a sharp downturn on Wednesday, with both Sensex and Nifty declining approximately 0.8%. The Sensex dropped...
- Sensex falls 160 points, Nifty closes below 23,650 as rupee breaches 96Indian stock markets ended Friday in the red, with Sensex and Nifty erasing morning gains as the rupee hit a record low against the dollar ...
- Why market fell today? Sensex slumps 583 pts, Nifty below 24,000; 7 key triggersIndian stock markets experienced a significant downturn on Thursday, with Sensex and Nifty both falling over 0.7%. This decline was driven ...
- Zomato shares in focus after COO for food delivery Rinshul Chandra resignsZomato shares will be in focus following the resignation of Rinshul Chandra, COO of food delivery, effective April 7. The company has faced...
- Swiggy, Zomato shares decline in volatile marketShares of Swiggy and Zomato saw significant declines on Monday amid a broader market downturn. Swiggy's shares fell over 8%, with a five-da...
- Diwali cheers: Buy some Zomato, PB Fintech; Devyani International can be a dark horse, says Sanjiv Bhasin“Traders' delight -- Vodafone and TTML -- are going to be outperformers. Those two stocks are under our coverage but both those stocks are ...
- Burning cash? Zomato wipes off Rs 88,000 cr m-cap in 6 monthsOn Friday, the market capitalization of Zomato dwindled down to Rs 45,381.69 crore, its lowest since listing. This is Rs 87,732.69 crore le...
- Zomato and Blinkit likely to merge in share-swap dealWhile the contours of the deal are being finalised, it is expected that shareholders of Zomato would get 10 Blinkit shares for each held in...
- Contra view? Team Prashant Jain dips into purse to buy relatively smaller banking stocksThe money manager bought 20-80 lakh shares of Union Bank Of India, The Federal Bank, Indian Bank, Equitas Small Finance Bank and Bank of Ba...
- Stock selloff in recently listed tech cos intensifiesThe stock prices of several newly listed, tech-enabled companies recorded new lifetime low levels or closed near that mark as the leading i...
- Sequoia’s message for new age cos: Builder should continue building, ignore the short-term market noise“The market could very well be back up in a few quarters as the earnings come through strongly for many of the tech sector leaders.”
- Keeping Zomato, Nykaa under radar; might buy them when valuation is right: Milind Karmarkar“The key lesson out of this would be to focus on businesses that are likely to do well and look at some kind of profitability coming into t...
- Dalal Street's new entrants struggle against the currentZomato, Nykaa parent FSN E-Commerce Ventures and PB Fintech (PolicyBazaar) were among key casualties in Monday's market crash that dragged ...
- Was waiting for bear markets, Zomato's CEO tells employees as stock crashes“There is an important lesson here for all of us which I want to reiterate – we cannot control the market’s sentiments or the macro economi...
- Zomato shares hit fresh 52-week low, slide below listing priceOn Friday, the scrip fell another 10 per cent to hit a fresh 52-week low of Rs 113.15. With this, the scrip also slipped below the listing ...
- Zomato grossly overvalued but may still go up post listing: Bhavin Shah“Even if I want to believe in the growth story, there are some signs that growth is not coming of late and even profitability has dipped in...
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