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Market Wrap: D-Street ends lower ahead of RBI rate decision; Sensex sheds 213 points, Nifty below 23,650

Indian benchmark indices ended in the red on Thursday, paring early gains, driven by losses in heavyweight consumer stocks, as caution prevailed in...
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Business

Stocks on brokerages’ radar for January 17

J P Morgan has maintained its ‘overweight’ recommendations on Swiggy with a target price of Rs 730 (+51%) and Zomato with...
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Business

IPO boom: Record Rs 1.6 lakh crore raised in 2024; new year to see greater heights

NEW DELHI: Fundraising via IPOs in India hit another landmark as economic growth, favourable market conditions and improvements in the regulatory...
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Economy

Tax panel may consider lowering GST on online food delivery fees, report says

GST Council, chaired by the federal finance minister, may lower the tax on food delivery charges by e-commerce operators to 5% from 18%,...
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Stocks

Swiggy shares rally over 11%, extend gains after narrowing quarterly losses

Newly-listed Swiggy shares climbed as much as 11.4% on Thursday to Rs 576.95 on the BSE, extending a results-driven rally into a second...
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Stocks

Swiggy shares can rally up Rs 475, says Motilal Oswal as it initiates a ‘Neutral’ rating

After HDFC Securities and JM Financial, Motilal Oswal became the third domestic brokerage firm to have initiated coverage on the newly-listed foodtech firm...
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Stocks

Swiggy IPO: GMP at 5% in unlisted market 3 days ahead of issue opening

The grey market premium (GMP) of Swiggy stood at 5% or Rs 19 in the unlisted market three days ahead of its initial...
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Business

Swiggy launches XL fleet to deliver large orders

NEW DELHI: Food delivery platform Swiggy on Saturday officially launched its 'XL' fleet to handle large orders in Gurugram on the...
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