zomato news

zomato block deal: Motilal Oswal MF rakes in Rs 622-crore profit via stake sale in Zomato, 5 FPIs pick shares

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MUMBAI – Motilal Oswal Mutual Fund on Monday sold a partial stake in online food delivery aggregator Zomato through the open market, and raked in a profit of Rs 622 crore. The domestic mutual fund firm sold 4.5 crore shares or 0.5% stake in Zomato at Rs 138.15 a share, according to block deals data … Read more

Sanjiv Bhasin | Sanjiv Bhasin portfolio: As Nifty speeds towards 22K, don’t try to be a brave trader, book profits: Sanjiv Bhasin

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Sanjiv Bhasin, Director, IIFL Securities, says “I am in the camp that says we may hit a crescendo. Generally, when fools buy, you should be looking to sell or book profits and when fools sell, you should be looking to buy aggressively. So, it is the total opposite of what dichotomy is, that the biggest … Read more