Macquarie maintained an underperform rating on Zomato but raised the target price to Rs 96. The brokerage said that Zomato demonstrated improved unit economics, while also showing stronger growth in quick commerce in the past few quarters.
Stocks to buy or sell today: Biocon, Voltas among 7 trading ideas
Indian market is expected to consolidate, mirroring mixed global signals, with Nifty futures closing negatively. Option data indicates a trading range between 24,600 and 25,600.
July 15, 2025