Zomato

Acquire Zomato, Projected Valuation Rs 300: ICICI Securities positive outlook

Introduction Zomato Ltd., a prominent name in the Indian food delivery and restaurant aggregation space, has garnered significant attention from investors and analysts alike. Incorporated in 2010, firm has grown from a small startup to a substantial player in the services sector, boasting a market capitalization of Rs 170,751.01 Crore. Recently, ICICI Securities has issued…

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Nifty 50

“Stock Market Today: Sensex, Nifty 50 End Flat on Record High Profit Booking”

Introduction Overview of the Day’s Stock Market Performance The Indian stock market experienced a mixed session today, with benchmark indices Sensex and Nifty 50 closing flat after reaching new all-time highs. Despite hitting record levels, both indices failed to sustain gains due to profit booking and weak global cues. Significance of the Stock Market Movements…

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Election

How Lok Sabha Elections 2024 Could Cause a Market Decline

Introduction The Lok Sabha elections in 2024 are poised to be a pivotal event for India’s political landscape and its financial markets. The benchmark Nifty-50 index recently crossed the 23,000 mark, signaling strong confidence among market participants. This surge is largely driven by the expectation that the ruling National Democratic Alliance (NDA), led by the…

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Nifty 50

Indian Stock Market: Sensex Ascends to 75,420, Nifty Climbs to 22,970

Introduction Market Euphoria: An Unprecedented HighThe financial markets reached a new pinnacle today as the Sensex surged to 75,420 and the Nifty closed at 22,970, marking an all-time high. This remarkable performance has captivated investors and analysts alike, reflecting a combination of domestic and international factors driving the markets. Sensex and Nifty Indices: Institutional Investor…

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