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Zomato shares may see $700 million inflow if it bags Nifty seat this month

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With the Nifty rejig about to take place in March, Zomato shares could see an inflow of $702 million if the company is included in the index, states a report by domestic brokerage firm JM Financial.

Zomato’s potential inclusion is expected to bring a significant inflow of funds, estimated at $702…

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