Markets in green, Zomato makes dream debut

India’s key Indian equity indices made marginal gains during post-noon trade session on Thursday following supportive global cues.

Besides, expectations of healthy quarterly results and encouraging response to Zomato’s debut pushed the market’s higher.

Post the stellar debut, the market capitalisation of Zomato is around Rs 1 lakh crore. Currently, it is at Rs 96,103.45 crore. Amongst sectors, Realty, IT and Metal traded in the green.

“Indian equities indexes were trading moderately in the green in late morning transactions, alternating between positive and negative terrains. The Ministry of External Affairs stated that India has been in contact with other nations about the potential of importing vaccines to boost domestic manufacturing, which traders found encouraging,” said Likhita Chepa of CapitalVia Global Research.

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