{
  "id": 5034000,
  "title": "Swiggy shares drop 4%, market value down Rs 5,000 crore in 2 days. Here’s why",
  "url": "https://urgent.news/2026/09/02/swiggy-shares-drop-4-market-value-down-rs-5-000-crore-in-2-days-heres",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-02T06:10:58.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/news/swiggy-shares-drop-4-market-value-down-rs-5000-crore-in-2-days-heres-why/articleshow/133700114.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "Swiggy shares fell sharply on Wednesday, extending their two-session decline to 6% and erasing nearly Rs 5,000 crore in market value. The stock faces potential foreign outflows after entering the NSDL red-flag list and possible exclusion from MSCI and FTSE indices. Jefferies, however, retains a Buy rating with a Rs 435 target.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}