Bernstein picks Eternal’s Blinkit to surpass Swiggy and Zepto by 2026, but says ‘brace for volatility’

Global brokerage firm Bernstein expects Eternal’s high-speed trading arm Blinkit to continue to outpace rivals Swiggy, Instamart and Zepto in 2026, even as increasing competition keeps profitability volatile and stock returns likely to be uneven throughout the year.Bernstein says Eternal is favored in the industry, citing Blinkit’s stronger operating metrics, lower cash burn and more […]