Zomato share price jumps 5% in two straight sessions. More steam left?

  • Stock Market Today: Zomato Share price that gained up to 2% in morning trades on Tuesday have gained almost 5% in 2 trading sessions. What's driving the gains and is there more steam left?

Ujjval Jauhari
Published26 Nov 2024, 10:06 AM IST
Stock Market Today: Zomato Share price gains almost 5% in 2 trading sessions.
Stock Market Today: Zomato Share price gains almost 5% in 2 trading sessions.(REUTERS)

Stock Market Today: Zomato Share price that gained up to 2% in morning trades on Tuesday have gained almost 5% in 2 trading sessions. 

Zomato share price opened at 274.50 on the BSE on Tuesday, slightly higher than previous closing price of 273.60 . Zomato share price thereafter jumped to intraday highs of 278.60, marking gains of almost 2%.

The Zomato share price however has been rising and is up almost 5% over its closing price last week. 

What's driving the gains-

The positive developments that have helped drive gains for Zomato share price is its inclusion in the 30-stock Sensex, while Zomato also approved for its 8,500 crore Qualified Institutional Placement (QIP).

(more to come)

 

 

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First Published:26 Nov 2024, 10:06 AM IST
Business NewsMarketsStock MarketsZomato share price jumps 5% in two straight sessions. More steam left?

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