Swiggy share price jumps after positive debut on BSE, NSE. Buy, sell or hold?
Stock market today: Despite selloff pressure in the Indian stock market, Swiggy share price opened on the BSE and NSE at a decent premium. Swiggy share price opened on the BSE at ₹412 apiece whereas on the NSE, it opened at ₹420 per share, delivering over 5.50 per cent listing gain to the lucky share allottees. However, the newly-listed stock didn’t end here only. Swiggy share price witnessed strong buying after listing and touched an intraday high of ₹449 apiece on the NSE, extending the post-listing gain.
According to stock market experts, Swiggy’s positive debut should be seen as strong demand for the company. They advised lucky allottees to hold the scrip for the long term, whereas fresh investors should wait for some profit…