Global uncertainties, including geopolitical tensions, rate concerns, and the human metapneumovirus, are painting a gloomy picture for equity markets, with India's Nifty 50 down 10% from its peak. Near-term events, such as the US presidential transition and India's Union Budget, may provide valuable cues for investors in 2025.
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Swiggy is launching its quick commerce offering Instamart as a separate app, while still maintaining its presence on the main Swiggy app, to target customers looking for specific services and build a multi-app strategy, mirroring Chinese internet giants like Meituan and Alibaba. To be sure, Instamart will continue to be present on the main Swiggy app.
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Sat Kartar Shopping, an Ayurveda healthcare company, sets its IPO to open on January 10, 2025, with a price range of Rs 77-81 per share and a minimum investment of Rs 1,29,600. The IPO aims to raise Rs 33.80 crores and will be listed on the NSE SME platform on January 17. This is not the actual listing price and may fluctuate based on the market trends.
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