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Zomato Share Price: Shares of Zomato surged 4% to a new high of Rs 283.60 after UBS maintained a buy rating with a target price of Rs 320. The growth optimism follows Zomato's acquisition of Paytm's ticketing business and positive outlooks from Jefferies and JP Morgan. The stock has risen 15.6% over six days.
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News and Media
NBCC shares rose nearly 5% to Rs 183.70 during Thursdays intraday trade on the BSE following the announcement of a significant deal with MTNL. The companies signed a MoU on September 11, 2024, to develop a 13.88-acre land parcel on Pankha Road, New Delhi, into a modern residential and commercial space, with the project valued at approximately Rs 1,600 crore.
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News and Media
Global Macro Strategist Arnab Das from Invesco discusses the synchronized slowdown of major oil consumers and its impact on demand. He anticipates a 25 basis point rate cut by the Federal Reserve, citing persistent inflation in housing costs. Das also comments on the stability of oil prices amid geopolitical tensions and market dynamics.
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News and Media
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