The key benchmark indices are likely to start trade on a optimistic note tracking cues from the US markets. As of 07:10 AM, the SGX Nifty March futures quoted at 16,890 – indicating a gap-up of more than 200 points to the NSE Nifty 50 benchmark back home. Meanwhile, here are the stocks to focus in trade on Wednesday.
Zomato: The food-delivery giant and online grocery firm Blinkit (formerly Grofers) are in talks for a merger deal. According to sources, a share-swap deal in which Blinkit would be valued at around $750-800 million is under discussion. READ MORE
Dish Tv, Yes Bank: In an exclusive interview with Business Standard, Essel Group patriarch Subhash Chandra said Yes Bank should decide its role as a shareholder of Dish TV India or a lender so that the group can accordingly take steps to settle the pending…