Zomato shares rise 0.54% as Nifty gains

Shares of Zomato Ltd. traded 0.54 per cent up at Rs 98.58 on Tuesday at around 02:10PM (IST), while the benchmark BSE Sensex advanced 73.09 points to 65701.23.

As many as 3,227,727 shares changed hands on the counter with a total value of Rs 3171.0 crore.

The stock quoted a 52-week high price of Rs 102.85 and a 52-week low of Rs 44.35.

On the technical charts, the 200-DMA of the stock stood at Rs 65.96, while 50-DMA was at Rs 85.86. If a stock trades above 50 DMA and 200 DMA, it usually means the immediate trend is up.