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Top headlines: Analysts predict Infosys Q1 results, Zomato allots shares

Zomato allots shares worth Rs 4,195 cr Online food delivery company Zomato on Tuesday allotted shares worth Rs 4,195 crore to anchor investors. The firm allotted a total of 552.17 million shares to close to 200 foreign as well as domestic investors at Rs 76 apiece. Some of the investors that received anchor allotment include New World Fund, Tiger Global, and BlackRock. Infosys to announce Q1 results Analysts expect strong deal momentum, seasonality factor and traction in cloud to drive Infosys performance in the June 2021 quarter of financial year 2021-22 (Q1FY22). They peg bottomline growth at 27-30 per cent and topline (in rupee terms) at 16-17 per cent, yearly.

Explained: Why Zomato IPO is creating a buzz among investors

Explained: Why Zomato IPO is creating a buzz among investors
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