Confused between Swiggy and Zomato? Retail investors, HNIs say: Why not both

Despite share price drops, Swiggy and Zomato attract retail and HNI investors. Swiggy sees strong buying interest, followed by Zomato. Investors bet on familiarity and potential turnaround. Analysts warn of continued losses and future competition. HSBC prefers Eternal (Zomato) due to Swiggy's cash burn. Brokerages cut target prices for both. Currently, investors are ordering both stocks.