Elara Capital’s Karan Taurani is optimistic about Zomato, citing improved growth prospects in food delivery and quick commerce. Blinkit’s losses are bottoming out, driven by store expansion and traction in non-metro markets.
Global markets saw oil prices fall and stocks rise as US and Iran paused retaliatory strikes. The dollar weakened against peers while Treasuries gained as
India’s primary market momentum continues with over two dozen issuers planning IPOs. These companies aim to collectively raise approximately ₹35,000 crore in the upcoming month.
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