Swiggy's foreign ownership has dropped to 49.76%, but brokerages say IOCC status could take time. Here's what it means for Instamart and profitability.
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Swiggy's foreign ownership has dropped to 49.76%, but brokerages say IOCC status could take time. Here's what it means for Instamart and profitability.

This new section is not going to create any additional liability for taxpayers. It simply provides a separate section to report amounts that are not treated as income under the Income Tax Act.

IMD forecasts moderate rain for Mumbai and Thane, while Palghar remains on yellow alert due to isolated heavy rainfall predictions.

Market experts recommend buying stocks in fmcg, food delivery and quick commerce and home finance sector, with defined stop-loss and target prices for Marico, Swiggy, Havells, Home First and Belrise.

Section 269ST bars individuals and businesses from accepting Rs 2 lakh or more in cash from one person in a single day, for one transaction, or for multiple transactions connected to the same event.

Knack Packaging will also be in focus as its shares make their debut on the exchanges.

The GIFT Nifty, an early indicator of Nifty 50's performance, traded at 24,270.50, compared to Tuesday's index close of 24,398.70.

Stocks in the news, big brokerage calls of the day, complete trade setup and much more!

Rising oil prices and renewed military action in the Gulf weighed on investor sentiment across the region.

The exchange marks the most serious challenge yet to the memorandum of understanding signed by US President Donald Trump and Iranian President Masoud Pezeshkian on 17 June.