Sensex reached a new peak, closing 126 points higher, and Nifty crossed the 25,000 mark for the first time. Titan, Hindustan Zinc, ITC, Tata Motors, Zomato, Adani Enterprises, and SpiceJet shared their quarterly results. ITC reported a small rise, while Tata Motors and Adani Enterprises showed significant profit growth. SpiceJet canceled flights due to operational reasons.
From Losses to Leadership: Karan Taurani sees quick commerce turning a corner
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