Swiggy shares have fallen this year due to poor financial results. The company is experiencing losses despite revenue growth. Analysts are observing potential signs of recovery in the stock. Key resistance levels are being monitored. A breakout above Rs 425 could lead to further gains. Investors should watch for a possible uptrend.
Jio IPO bids hit 70,000 crore on day 1; outpaces NSE, LIC, GIC issues
The initial public offering of Jio Platforms has attracted impressive attention, with an oversubscription of 3.16 times. Institutional investors were particularly keen, subscribing at a