Zomato to see $513 million inflow after Sensex inclusion next week: Nuvama

Zomato is set to become the first new-age tech stock to enter the 30-share frontline index, replacing JSW Group in the upcoming rejig. JSW Group is expected to see outflows of $252 million. The index change comes as Zomato’s stock has surged, rising 58% in the last six months and 138% over the past year, far outperforming the Sensex’s 14% return in the same period.