Zomato Joins Sensex: A New Era for Tech Stocks

• Zomato and Jio Financial Services have joined the Nifty 50 index, replacing Bharat Petroleum Corporation and Britannia.
• Zomato's competitor Swiggy has been included in various indices like Nifty Next 50, Nifty 100, and others.
• Ola ...

• They’ve replace JSW steel on the Sensex, a major feat for a startup. As someone working in startups since 10 years, I feel nice about that
• they already have 1.4B in cash reserves, this is just a move for a stronger balance sheet I g...

• NSE adds new-age tech stocks including Delhivery, Jio Financial Services, Paytm, Nykaa, PB Fintech and Zomato to F&O segment.
• Total of 45 stocks, including NHPC, Tata Elxsi, Union Bank of India, LIC and Angel One, to be added to F&O...

Zomato is eyeing a new dish: Paytm's ticketing business. The potential Rs 1,500 crore acquisition is a bold move by Zomato to diversify beyond its core food delivery domain.

The Strategy:

• Bolster "going-out" vertical (event booking...