Zomato’s shares will be watched closely as the foodtech company’s losses narrowed in Q4 to Rs 188 crore. The stock’s support levels are around Rs 58-55, while resistance lies at Rs 75-80, according to Sumeet Bagadia, executive director of Choice Broking. He adds that short-term prospects of the stock may appeal to risk-taking investors. Meanwhile, M&M could move towards Rs 1,325 if it surpasses its resistance at Rs 1,285.
Rakesh Gangwal, family trust sell 5.72% in IndiGo parent for Rs 11,564 crore
Rakesh Gangwal and his family executed a significant block deal, selling a 5.72% stake in InterGlobe Aviation for ₹11,564 crore. This transaction, part of a