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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...
- No governance issue with shareholder resolution, will hold revote soon: Swiggy group CEO Sriharsha MajetySwiggy shareholder resolution revote: The resolution sought to amend Swiggy’s articles of association as part of a broader push to become a...
- Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee de...
- Your monthly spend also decides how soon you can retire: Expense tracking apps, AI tools are changing how Indians investExpense-tracking apps, spreadsheets, Artificial Intelligence (AI) -generated analysis, and budgeting dashboards are not merely bookkeeping ...
- Unfazed by 670X P/E, retail investors add Eternal on dips for 2nd quarter as stock trades 30% off peakRetail investors are showing confidence in Eternal, a food delivery and quick commerce firm. They are buying its shares on price dips, unde...
- Why stock market rose today? Sensex rises over 600 points, Nifty ends above 24,150. 3 key factors behind the rallyIndian stock markets surged on Wednesday, with Sensex and Nifty 50 gaining significantly. This optimism was fueled by reports of Iran submi...
- Eternal shares rally over 4% after strong Q4 results. What CLSA, Goldman Sachs, 4 others are sayingEternal's shares surged after reporting a 346% YoY net profit jump to Rs 174 crore, driven by a 196% revenue increase. Blinkit's quick comm...
- Eternal Q4 revenue, profit surge on Blinkit boostEternal, which runs Zomato and Blinkit, saw its March quarter revenue surge threefold and net profit rise 4.5 times. Quick commerce margins...
- Eternal vs Swiggy: Quick commerce giants crash up to 32% in 2026 so far. Should you buy now?Shares of Eternal and Swiggy have fallen sharply in 2026 so far, down about 17% and 32%, amid inflation concerns, potential AI-led job loss...
- Bernstein hikes Zomato target price, projects 16% upside amid quick-commerce boomBrokerage firm Bernstein has upheld its 'Outperform' rating on Zomato and adjusted its target price to Rs 330, indicating a potential incre...
- Buy Zomato, target price Rs 230: Emkay Global Financial ServicesEmkay Global Financial Services has buy call on Zomato with a target price of Rs 230.
- Zomato shares zoom 5% after a Re 1 hike in platform fee; halts intercity deliveriesZomato's shares rose 5% to Rs 197.80 after raising its platform fee by 25% to Rs 5 per order. With 2.0-2.2 million daily orders, this incre...
- JM Financial raises target price for Zomato by 30% to Rs 260JM Financial raised Zomato's price target to Rs 260 from Rs 200, citing Blinkit's rapid growth. The firm expects Blinkit to surpass Zomato'...
- CLSA raises Zomato target price to Rs 227 after 3Q results show path to stable profitabilityIn the December quarter, Zomato's food delivery margin rose despite an increase in the active restaurant base and a weak demand environment...
- ONDC a threat to Zomato only if it scales up meaningfully, says Motilal OswalMotilal Oswal has reiterated a "Buy" rating on Zomato stock, claiming it has found "no evidence" of an adverse impact from the Open Network...
- Zomato shares rally 8% amid large volumesZomato has been swamped with multiple concerns over its Blinkit business after the quick-commerce platform’s delivery executives went on a ...
- HSBC sees aggressive competition denting Zomato's profitability, cuts target priceHSBC sees competition from Swiggy and slowing industry growth to further restrict profitability gains for Zomato in 2023. It said growth ac...
- Nomura initiates coverage on Zomato; target suggests 19% downside for stockOverall, the brokerage expects contribution to peak at a 7.5 per cent margin. It sees a 4.5 per cent adjusted Ebitda margin on gross order ...
- Zomato rallies 60% in 20 days to top Rs 60,000 cr m-cap; analysts see more upside in stockThanks to a 6 per cent intra-day rise in the counter, the market capitalization of Zomato swelled over Rs 62,000 crore during the day.Despi...
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