Kotak Institutional Equities has issued a resolute BUY recommendation for Eternal (Zomato), setting a fair value target of Rs 300 per share, compared to the current market price of Rs 261.

Jio Financial Services shares have been in focus as the stock enters NSE Nifty 50 along with food delivery major Zomato.

Zomato share price declined by 1.76 percent in today's trade and the stock closed at Rs 229.8 after touching an intraday high at Rs 238.73.

Zomato and Jio Financial Services could see higher fund allocation and these stocks could witness sustained buying over the next few trading sessions as they will be included in Nifty50 benchmark i

Zomato share price jumped 1.3 percent in today's session. The food delivery app stock witnessed a volatile session with intraday low at Rs 210.51 and recovery was seen around 11 am.