Forcing short sellers to run for cover and with the potential of foreign institutional investors (FIIs) returning to Dalal Street with pockets full of cash, the Sensex zoomed over 4,000 points while the Nifty shot up around 5% to close to its all-time high of 26,373 on Tuesday following the announcement of the India-US trade […]
Indian online delivery companies Eternal and Swiggy could see profit margins improve slightly in the second quarter, analysts said, after at least a year of mounting losses in their high-speed commerce businesses due to higher costs. Eternal’s Blinkit, Swiggy’s Instamart and start-up Zepto have emerged as the top players in India’s booming high-speed commerce sector, […]