Swiggy Shares Rally 15% in 3 Days; New Instamart Head Boosts Investor Sentiment

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E-commerce

29 July 2026 at 5:30 pm

Swiggy Shares Rally 15% in 3 Days; New Instamart Head Boosts Investor Sentiment

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Summary

Swiggy's shares jumped 8%, extending a 15% rally over three days, boosted by the appointment of former Myntra CEO Nandita Sinha to lead its Instamart business, while competitor Zepto reportedly negotiates a lower IPO valuation.

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