Neutral impactStocks
Swiggy shares drop 4%, market value down Rs 5,000 crore in 2 days. Here’s why
Economic Times 1 hr ago·2 Sept 2026, 6:10 am
Swiggy shares fell sharply on Wednesday, extending their two-session decline to 6% and erasing nearly Rs 5,000 crore in market value. The stock faces potential foreign outflows after entering the NSDL red-flag list and possible exclusion from MSCI and FTSE indices. Jefferies, however, retains a Buy rating with a Rs 435 target.
Affected stocks
Neutral2 stocks
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Swiggy (SWIGGY).
- Category: Stocks.
- Also mentions NSDL.
Why it matters
A routine update for Swiggy. Use the price and stock snapshot to gauge how the market is responding.
