Macquarie raises Zomato’s target price to Rs 130 but maintains an ‘underperform’ rating due to growth risks. Zomato’s competitor Swiggy also attracts mixed ratings from brokerages.
Retail investors shift focus to high-yield corporate bonds for better returns
Mumbai’s retail investors seek higher returns. They are investing in high-yield corporate bonds. RBI’s rate cuts push them towards state-guaranteed papers and NBFC bonds. Online