Replicating Zomato’s cost-advantage model is challenging for competitors, especially given its market share and higher advertisement revenues, said Ambit Asset Managers in its monthly newsletter to its shareholders while retaining Zomato as its core holding in its portfolios in December.It stated that while many competitors resort to cash-burning strategies and heavy discounting, these approache...

The benchmark indices snapped their five-day winning streak on December 6, falling moderately due to small profit bookings following the RBI event. However, the market breadth remained positive, with 1,484 shares advancing compared to 999 shares that declined on the NSE. The market may remain rangebound over the next few sessions, but the overall trend remains bullish. Below are some trading ideas...

The benchmark indices closed the rangebound session flat with a positive bias on December 6, maintaining an upward trend for the fourth consecutive day. The market breadth was positive, with about 1,495 shares advancing against 995 losing shares on the NSE. The market is likely to consolidate further, while the overall trend remains in favor of the bulls. Below are some trading ideas for the near ...

Shares of Zomato Limited surged over 2 percent to Rs 287 in morning trade on December 4 after brokerage firm CLSA maintained its outperform rating on the stock and raised its target price to Rs 370 per share, citing robust levers for growth.With a price target of Rs 370, the international brokerage forecasts an upside potential of over 32 percent from the last close of Rs 280 on the National Stock...

Citi Macro Call25-50 bps CRR Cut Could Provide Modest NIM Support Of 2-3 bpsAs Proportion Of NII/PpOP, Adjustment Will Be Favorable For Lenders With Lower NIM ProfileSentimentally CRR & Repo Rate Cut Would Be Positive For Banks With Lower LCR/Stretched LDRCRR Can Be Viewed Favorable For HDFC Bank, Axis Bank, Federal Bank & Bank Of Baroda50 bps Repo Rate Cut NII Sensitivity Suggests Relatively High...