Zomato shares jump 6% on Sensex inclusion, ₹8,500 cr QIP approval

Shares of food aggregator Zomato jumped over 6% in early trade on Monday. This comes after it was announced that it will replace JSW Steel on benchmark index Sensex starting December 23. Notably, Zomato also announced that its shareholders have approved plan to raise ₹8,500 crore via Qualified Institutions Placement (QIP).

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