Stock Radar: Zomato took support above 100-DMA in November; likely to hit fresh highs in December
Zomato's stock is showing positive momentum. The stock recently bounced back from its 100-day moving average. Experts predict it will reach Rs 300 in the coming weeks. The company plans to raise funds for Blinkit expansion. This will strengthen its quick commerce position. Zomato's inclusion in the Sensex is a significant milestone.