After Jefferies, Credit Suisse expects 100% rally on Zomato! Should you buy this dip?

July 27, 2022

Credit Suisse has maintained its ‘outperform’ rating on the stock, with a target of Rs 90. The brokerage said Zomato is on a clear road to profitability growth. It said that existing core customers would drive the food business. CS said in a duopolistic industry, the core user base will drive margins.

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Rs 23,000 crore outflows! Is the September FII rout indicating a worse end to 2026?

Foreign investors have resumed selling Indian equities in September, with FPI outflows crossing Rs 23,000 crore through September 19. Higher crude prices, elevated US bond

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Ahead of Market: 10 things that will decide stock market action on Monday

Indian equities extended their recovery, with Nifty gaining 0.33% as moderation in crude and global yields supported sentiment. Sensex slipped 0.03%, while broader markets outperformed.

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